Brace for volatility contraction ahead of RBNZ policy
The NZD/USD pair is trading below the immediate resistance of 0.6260, as investors await the interest rate decision from the Reserve Bank of New Zealand (RBNZ). The New Zealand Consumer Price Index (CPI) has not yet shown any signs of inflationary pressures peaking, so a continuation of an interest rate hike is expected from RBNZ […]