News with the tag "RateCut"

Hold onto your hats, Forex traders! The NZD/USD pair has taken a dramatic dive, breaching the 0.5700 mark and hitting a three-day low. The culprit? A surprisingly bold move by the Reserve Bank of New Zealand (RBNZ) – a supersized 50 basis points rate cut. In a world where every pip counts, this news...

In the fast-paced world of Forex trading, even anticipated events can trigger significant market movements. The Reserve Bank of Australia’s (RBA) recent decision to cut its Official Cash Rate (OCR) was widely expected, yet it has sparked a notable rally in the AUD/JPY currency pair. For crypto enthu...

In a dramatic turn of events in the Forex market, the AUD/NZD pair has experienced a significant surge, climbing to the 1.1130 area and inching closer to its multi-month peak. This upward trajectory was largely fueled by the Reserve Bank of Australia’s (RBA) decision to implement a 25 basis points (...