Kiwi Poses a Rate-Cut Rally: NZD/USD Bid as RBNZ Cuts Rates

The RBNZ delivered a widely-expected rate cut last night; but what many probably weren't expecting was another fresh annual high on the back of that dovish move.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2016/08/11/kiwi-poses-rate-cut-rally-srepstans.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:daily_fundamentals