NZDUSD: Dips as Investors Await RBNZ Decision on May

5月27日

New Zealand Dollar Dips as Investors Await RBNZ Decision on May 28

The New Zealand dollar fell to around $0.6000 on Tuesday, following a volatile Monday session where it briefly reached its highest level in nearly seven months.

Now, all eyes are on the Reserve Bank of New Zealand’s upcoming policy announcement on Wednesday.

The central bank is widely expected to cut interest rates for the sixth time in a row, possibly lowering the official cash rate by 25 basis points to 3.25%.

Market participants will also pay close attention to the bank’s latest economic forecasts, looking for clues about how China Trade Tariffs could affect future growth.

Meanwhile, NZDUSD remains below the Daily Pivot Point, signaling a higher likelihood of further declines ahead of the RBNZ rate decision, as seen in the chart.

You may find more details in the chart!
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5月28日

交易結束：目標達成

NZDUSD : 40 pips down from 0.5963 to 0.5923 :)

5月29日

註釋