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NZD/USD Drops After RBNZ Links Currency to Possible Rate Cuts

NZD/USD Drops After RBNZ Links Currency to Possible Rate Cuts

John Kicklighter, Chief Strategist

Watch the recording of John Kicklighter's coverage of the FX market's reaction to the RBNZ rate decision. The New Zealand dollar is dependent on its high yield to keep pace with its more liquid counterparts. So what does a softening tone mean for the Kiwi?

How does a Currency War affect your FX trading?

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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