NZD/USD remains trapped below 0.6000 after dovish RBNZ repricing
The RBNZ held the OCR at 2.25% as expected on Wednesday, but Governor Breman's updated rate track triggered a sharp Kiwi sell-off after projecting the first potential hike in late 2026, much later than markets had anticipated.
The RBNZ held the OCR at 2.25% as expected on Wednesday, but Governor Breman's updated rate track triggered a sharp Kiwi sell-off after projecting the first potential hike in late 2026, much later than markets had anticipated.
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