The Traderszone Network

Published in TZ Latest News 28 October, 2015 by The TZ Newswire Staff

Forexlive Asia FX News wrap: RBNZ makes like the Fed, stays on hold

Forex news for Asia trading Thursday 29 October 2015
RBNZ monetary policy meeting decision
The Reserve Bank of New Zealand got the ball rolling in Asia today, and it was downhill for the NZD as the bank left rates on hold and jawboned the currency lower. A flash clear out of stops down toward 0.6620 and a bounce back nearly as quickly from there left us to drift lower from above 0.6700 to settle under 0.6675