The pair slumped to new 2023 lows after RBNZ raised rates to what it believes to be the terminal level, just as expectations around the US Fed become more hawkish
Nikos Tzabouras is a Senior Market Specialist at FXCM Hellas, specializing in financial market analysis and commentary. With a focus on global economic events and their impact on various financial instruments, Nikos provides insightful analysis and predictions for traders and investors. His articles cover a wide range of topics, including currency pairs, commodities, central bank decisions, and market trends.