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NZD/USD Intra-Day Fundamentals: RBNZ Official Cash Rate and 59 pips range price movement

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by , 09-22-2016 at 07:10 AM (1167 Views)
      
   
2016-09-21 21:00 GMT | [NZD - Official Cash Rate]


if actual > forecast (or previous one) = good for currency (for NZD in our case)
[NZD - Official Cash Rate] = Interest rate at which banks lend balances held at the RBNZ to other banks overnight.
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NZD/USD M5: 59 pips range price movement by RBNZ Official Cash Rate news event

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