Neutral
NZD/USD holds above 0.5950 as traders await Jackson Hole cues
In the past 24 hours, NZD/USD has remained above the 0.5950 level, with traders awaiting insights from the Jackson Hole Symposium. A Reuters poll indicates that 90% of economists expect the Reserve Bank of New Zealand to raise rates by 25 basis points to 2.75% at its upcoming September meeting.
Key points
- NZD/USD remains above 0.5950 as traders await Jackson Hole cues.
- 90% of economists expect RBNZ to raise rates by 25 basis points to 2.75% in September.
Sources
AI-generated from public news sources. Not financial advice.
