NZD/USD trading lower after the as expected Reserve Bank of New Zealand rate hike
The decision ws widely expected although there were some expecting a 0.5% hike. Nope.
Check out that post above, the cash rate is projected a lot higher by the Bank in the coming years ahead.
NZD/USD response was a mark-down and its chopping around in a range down a few points now. 1 minute candles show the chop: