RBNZ Policy Meeting: NZD/USD surges

<p>NZD/USD has spiked after the RBNZ policy meeting:</p><ul><li><a href="https://www.forexlive.com/centralbank/rbnz-leaves-cash-rate-unchanged-at-55-as-expected-20231129/" target="_blank" rel="follow" data-article-link="true">RBNZ leaves cash rate unchanged at 5.5%, as expected</a></li></ul><p>While the OCR is unchanged, as was very widely expected, the Bank raised its rate 'track' and also its estimate of the neutral rate. More at that link above. </p><p>One-minute bars:</p><p align="left">
(This
chart is from our charting app, which is free and <a href="https://www.forexlive.com/LiveCharts">can
be found at this link</a>)</p>

This article was written by Eamonn Sheridan at www.forexlive.com.