💱New Zealand Dollar/US Dollar FX Spot Rate
NZDUSD
▲ PositiveMonetaryrelevance
RBNZ rate hike directly strengthens NZD.
AUD/NZD declined after three days of gains, trading around 1.2170 during the Asian hours on Wednesday. The currency cross fell nearly 0.25% as the New Zealand Dollar gained ground following the release of the interest rate decision by the Reserve Bank of New Zealand.
RBNZ rate hike directly strengthens NZD.
RBNZ rate hike strengthens NZD, weakening AUD/NZD cross, implying AUD weakness relative to NZD.