New Zealand RBNZ Interest Rate Decision in line with forecasts (4.75%)

EUR/USD bulls move in ahead of the FOMC minutes

The US Dollar rose against all G10 except sterling while EUR/USD was choppy but ultimately 40 pips lower to 1.0637. At the time of writing, EUR/USD is
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NZD/USD jumps to near 0.6240 as RBNZ hikes OCR by 50 bps to 4.75%

The NZD/USD pair has witnessed a significant buying interest as the Reserve Bank of New Zealand (RBNZ) has adopted a hawkish tone on interest rates. R
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