Friday, October 16, 2026

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NZD/USD focuses on dairy pre-RBNZ meeting

0.7258 = 5week low for NZD/USD in early Europe USD benefits further from expectations of mid-year Fed rate hike 0.7278 = Asia low on news of threat to dairy. 0.7319 = subsequent rally high 0.7323 was Monday's low. 0.7177…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • 0.7258 = 5week low for NZD/USD in early Europe

  • USD benefits further from expectations of mid-year Fed rate hike

  • 0.7278 = Asia low on news of threat to dairy. 0.7319 = subsequent rally high

  • 0.7323 was Monday's low. 0.7177 (Feb 3 low) among bear targets

 

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