Kiwi Stabilises as Rate Hike Expectations Rise

The NZD/USD held near 0.602 after rebounding from a two-week low, as traders balanced weak labour data against rising expectations of a rate hike later in 2026.
VT Markets | 270 hari yang lalu

The New Zealand dollar steadied around 0.602 in early Asian trading after recovering from a two-week low of 0.593, signalling resilience despite mixed domestic data. While the unemployment rate climbed to a decade high of 4.4%, employment growth surprised to the upside, complicating the Reserve Bank of New Zealand’s policy outlook.

Traders are increasingly focused on inflation and growth dynamics rather than labour market softness alone. With inflation still above the RBNZ’s target range and signs of economic recovery emerging, market pricing has shifted. Swaps now reflect a roughly 70% probability of a rate hike by September 2026, well ahead of the central bank’s own guidance pointing to mid-2027.

 

Read more on how shifting rate expectations and technical levels are shaping the Kiwi’s next move in this article.

VT Markets
Tipe: STP, ECN
Regulasi: ASIC (Australia), FSCA (South Africa), FSC (Mauritius)
baca selengkapnya
Dollar Firms and Oil Rebounds Ahead of Fed Decision

Dollar Firms and Oil Rebounds Ahead of Fed Decision

The BoC decision at 21:45 and EIA inventories at 22:30 (GMT+8) precede the Fed announcement at 02:00 on October 29 and Chair Warsh’s press conference at 02:30. Markets expect the Fed to hold its 3.75–4.00% target range; guidance on December could still move the Dollar, yields and risk assets. Microsoft and Alphabet report after the October 28 U.S. close, corresponding to early October 29 in GMT+8.
ATFX | 9 hari yang lalu
What to Expect from the RBNZ, BoC and Fed

What to Expect from the RBNZ, BoC and Fed

The RBNZ, Bank of Canada and Federal Reserve announce key interest rate decisions on October 28. Explore rate hike expectations, inflation risks and the potential impact on NZD/USD, USD/CAD and the US Dollar as traders prepare for heightened Forex market volatility.
ActivTrades | 9 hari yang lalu