NZD/USD and AUD/NZD analysis after RBNZ’s jumbo rate cut

The New Zealand dollar rose slightly after the latest RBNZ interest rate decision. The AUD/NZD exchange rate dropped for three consecutive days, reaching a low of 1.1013, its lowest level since November 18, and 1.5% below the highest level this year. Meanwhile, the NZD/USD pair rose slightly to 0.5857, up from this week’s low of […]