The RBNZ maintains unchanged its interest rate at 2.5%

Dec 11, 2013

NZD/USD bounces at 0.8200 ahead of RBNZ decision

After falling around 135 pips since Tuesday's highs at 0.8335, the NZD/USD seems to have found support at the 0.8200 level where the pair has bounced back to price at 0.8245.

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Dec 11, 2013

No changes in 2.5% RBNZ rate but hints for possible hikes

The Reserve Bank of New Zealand decided to leave unchanged its official cash rate at 2.5% according to a recent press release published by the bank.

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