Five major central banks announce decisions this week, but the RBNZ and BoC—not the Fed, ECB or BoJ—carry the greatest potential for a meaningful repricing. With NZD/USD testing 0.5766–0.5808 resistance and USD/CAD testing 1.3986–1.3927 support, the question for both is whether policy guidance validates the tightening markets have already priced in.
The post NZD/USD and USD/CAD in Focus as RBNZ and BoC May Deliver Central Bank Week’s Biggest Surprises appeared first on ActionForex.
Five major central banks announce decisions this week, but the RBNZ and BoC—not the Fed, ECB or BoJ—carry the greatest potential for a meaningful repricing. With NZD/USD testing 0.5766–0.5808 resistance and USD/CAD testing 1.3986–1.3927 support, the question for both is whether policy guidance validates the tightening markets have already priced in.
The post NZD/USD and USD/CAD in Focus as RBNZ and BoC May Deliver Central Bank Week’s Biggest Surprises appeared first on ActionForex.
