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 Financial Editorial Writer at FXCM. He specializes in analyzing market trends and economic factors, with a focus on topics such as inflation, Tesla, Netflix, and the Bank of England. His insights and analyses have been featured in various financial publications, showcasing his expertise in the dynamic world of finance.