CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

New Zealand

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IG Spread betting and CFD Trading

Market alert: NZD/USD rises after RBNZ hikes OCR

New Zealand dollar rises after RBNZ hikes OCR by 50 basis points; the updated monetary policy statement (MPS) shows a steeper rate-hiking path and NZD/USD rises nearly half a percent following hawkish OCR projection.

2022-08-17T05:08:04+0100

IG Spread betting and CFD Trading

NZD/USD boosted by 50-bp RBNZ rate hike

The RBNZ lifted the official cash rate 0.50% to 2.0% as expected; this is the fifth rate hike in succession for the RBNZ to fight inflation and hawkish RBNZ as Fed expectations fade.

2022-05-25T04:52:07+0100