NZDUSD Dives on Geopolitical Risk Despite RBA Rate Hike
RBA raised rates 25bp to 4.35% with hawkish 8-1 vote but signaled potential pause. Oil surge from Iran tensions lifted inflation forecasts, pressuring both AUD and NZD lower.
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RBA raised rates 25bp to 4.35% with hawkish 8-1 vote but signaled potential pause. Oil surge from Iran tensions lifted inflation forecasts, pressuring both AUD and NZD lower.