Will Reserve Bank of New Zealand shock NZS traders?
The Reserve Bank of New Zealand is expected to raise interest rates next week. But some market participants believe that the central bank will raise interest rates more than initially expected. A segment of the market appears to expect interest rates will rise by 0.50 percent. Many New Zealand dollar traders would be taken aback if it occurred. Read more on: vipforex.live/will-reserve-bank-of-new-zealand-shock-nzs-traders/
Since the NZD is fundamentally tricky and choppy, I'll be interested in the 0.69800 area for a long.
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