The GBP/NZD crosses over a 15-month high in response to the dovish RBNZ decision.

GBP/NZD

This week, when the Reserve Bank of New Zealand (RBNZ) unexpectedly declared the conclusion of its tightening cycle, the GBP/NZD currency rate surged to its highest point since mid-February 2022. Last week, the GBP/NZD exchange rate was initially subdued. The Pound was pulled down by disappointing PMI data, while the risk-sensitive New Zealand Dollar (NZD) […]

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