The Reserve Bank of New Zealand (RBNZ) has recently announced its decision to hold the interest rate steady at 5.5%, reflecting its assessment of the current economic trends and outlook.
The Reserve Bank of Australia (RBA) recently decided to keep its cash rate target at 4.1%. AUDUSD recorded 39.1-pip range and dropped -32.3 pips or -0.482% to 0.66682 following the announcement
The Bank of Japan (BoJ) has decided to maintain its -0.1% interest rate, while also enhancing its yield control measures. This move has significant implications for the market and demonstrates the BoJ’s commitment to supporting the economy amidst the ongoing challenges.