New Zealand Dollar remains strong, with all eyes on RBNZ rate decision

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New Zealand Dollar remains strong, with all eyes on RBNZ rate decision
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The New Zealand Dollar (NZD) extends the rally on the weaker Greenback on Wednesday.

The New Zealand Dollar extends upside in Wednesday’s early Asian session. Improved risk sentiment and softer US Dollar support the NZD/USD pair. Market participants await the RBNZ interest rate decision, with no change in rate expected. The New Zealand Dollar extends the rally on the weaker Greenback on Wednesday. Further optimism in the risk sentiment has maintained the US Dollar under pressure in the previous sessions and created a tailwind for the pair.

US Dollar was the weakest against the Pound Sterling. USD EUR GBP CAD AUD JPY NZD CHF USD 0.02% 0.00% 0.01% 0.00% -0.04% 0.00% 0.02% EUR -0.01% -0.01% 0.01% 0.00% 0.03% -0.01% 0.00% GBP 0.00% 0.02% 0.00% 0.02% 0.05% 0.01% 0.01% CAD -0.01% 0.00% -0.01% 0.02% 0.00% -0.02% 0.00% AUD 0.00% 0.00% 0.01% 0.00% 0.05% -0.01% -0.02% JPY -0.05% 0.00% -0.03% -0.04% -0.03% 0.00% -0.01% NZD -0.03% 0.00% 0.02% -0.05% -0.01% 0.00% -0.03% CHF -0.01% 0.01% 0.00% 0.01% 0.00% 0.00% 0.

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