USDCNH Forex News

DXY Subdued on Soft US Durable Goods, Confidence

DXY Subdued on Soft US Durable Goods, Confidence

Heading into this morning’s RBNZ Rate Decision meeting, the Kiwi (NZD/USD) steadied to 0.6170, little changed from 0.6165 previously. The Kiwi retreated off Monday’s high at 0.6211. Last week RBNZ Governor Adrian Orr acknowledged the risks of tightening policy.
ACY Securities | 54 days ago
Kiwi Soars, Aussie Up, Dollar Eases; Ahead – US CPI

Kiwi Soars, Aussie Up, Dollar Eases; Ahead – US CPI

New Zealand’s Kiwi found its wings, soaring 0.53% to 0.6150, its highest finish in a month. With New Zealand’s economy showing signs of resilience, some analysts point to a rate increase from the RBNZ. The RBNZ meets on interest rates later this month, on 28 February. 
ACY Securities | 71 days ago