Kiwi and Aussie edge down after RBNZ holds

Kiwi and Aussie edge down after RBNZ holds

On Thursday, the New Zealand along with Australian dollars sank versus their US rival, after the Reserve Bank of New Zealand left interest rates intact, while traders were still digesting recent American political events.

The currency pair NZD/USD dipped 0.73%, hitting an 11-month minimum of 0.6841.

New Zealand’s major financial institution shocked financial markets by announcing it actually expects to tighten monetary policy in 2019. By the way, financial analysts had expected a shift in policy approximately in the first half of 2019.

Commenting on the bank’s verdict, RBNZ Governor Graeme Wheeler told that the recent dip in the New Zealand dollar turned to be encouraging, and if sustained, would assist in rebalancing the surge outlook.

The currency pair AUD/USD went down 0.14%, being worth 0.7355.

Meanwhile, market participants were still digesting Trump’s shocking decision to have FBI Director James Comey sacked.


Greenback dives to day’s minimums versus yen

On Tuesday, the evergreen buck went down to the day’s minimums versus the Japanese yen, reversing earlier revenues, which emerged right after the head of the BOJ told it remained committed to today’s monetary easing and the bank wasn’t braced for scaling…


Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera