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Add as a preferred source on Google FxWirePro: NZD/USD price action rejected at session highs by 0.6599, downtrend intact Markets are pricing in the certainty that RBNZ will cut rates at its policy meeting on Thurs, the only question is whether by 25bp or 50bp If we see a 25bp cut on Thursday and no explicit signals for a further rate cut, …
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Markets are pricing in the certainty that RBNZ will cut rates at its policy meeting on Thurs, the only question is whether by 25bp or 50bp
If we see a 25bp cut on Thursday and no explicit signals for a further rate cut, a small bounce could ensue
NZ PM's comments that the currency has fallen faster-than-expected have caused an uptick in prices
NZD/USD spiked to 0.65997, but was rejected at highs and is now pared some of the gains to trade at 0.65715
Immediate resistance is seen at 0.6634 (Daily Tenkan-Sen), while immediate support lies at 0.6554 (4h 20 MA)
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By FxWirePro Team Oct 15, 2026, 3:20 AM UTC
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