Open trading account - Charts: 4 H,1 Day
- Elements used: CCI , Support & Resistance
- Current Level : 0.7740
Community Blog
AUD/USD-Continues downtrend !
RBNZ MONETARY POLICY STATEMENT
The slam-dunk of monetary events is supposed to occur later today. The Reserve Bank of New Zealand is expected to tighten interest rate policy. It is the key event in a relatively quiet week for G10 economies. To many the biggest event risk is the Governor Wheeler and company will do nothing in upcoming monetary policy statement. The RBNZ has held the OCR (overnight cash rate) at +2.5% for three-years now, and in that time, not at all dissimilar to other developed countries, Kiwi monetary polic…