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AUD/NZD looking to build a floor after dovish RBA rate hike guts Aussie

Started by forex4you, Nov 08, 2023, 05:42 am

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Nov 08, 2023, 05:42 am
AUD/NZD looking to build a floor after dovish RBA rate hike guts Aussie

The AUD/NZD belly-flopped into a new November low of 1.0820 after the Reserve Bank of Australia (RBA) delivered a dovish rate hike, lifting the Australian central bank's reference rate by 25 basis points to 4.35%.

Source: AUD/NZD looking to build a floor after dovish RBA rate hike guts Aussie
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