The New Zealand Dollar is the little (regarding relative G10 GDP) currency that could. Despite the 25bp rate cut by the RBNZ on Thursday morning, the New Zealand Dollar continues to be pushing higher.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/nzd/2016/08/13/RBNZ-Rate-Cut-Fails-To-Derail-New-Zealand-Dollar-Trend-tofTY.html?DFXfeeds=forex:fundamental:forecast:weekly:nzd
RBNZ Rate Cut Fails To Derail New Zealand Dollar Trend
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