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PropMarketCapFRESHMacroeconomics and central banks

RBNZ left the rate at 2.75% instead of the expected 3% - NZD/USD fell below 0.5600

The Reserve Bank of New Zealand (the country's central bank) unexpectedly did not raise the key rate overnight on October 28, although almost everyone expected it to: the decision was made by a 4-3 vote. The New Zealand dollar moved lower in the first minutes after the publication.

PropMarketCapFRESHMacroeconomics and central banks

AUD/USD broke through 0.7000 after RBA comments: inflation worse than forecast

Reserve Bank of Australia Deputy Governor Andrew Hauser said the inflation forecast looks worse than the bank's own calculations. AUD/USD rose about 0.45%, broke through the round 0.7000 level and reached 0.7017 - a two-week high and the fourth consecutive gain.