A Hawkish Cut? What Was So Hawkish About It?
The Federal Reserve announced a new round of quantitative easing (QE) on Wednesday. It also cut the federal fund rate by another 25 basis points.
NZD/USD Analysis: Higher Values Tested And Then Predictable Pushback
NZD/USD clings to gains above 0.58000 post-Fed cut, with buyers showing resilience and short-term sentiment pointing to modest upside within a stable mid-term range.