Attention!
The info below is valid for 23:50 on 02.10.2023.
We'll update it at 00:00 on 03.10.2023.
NZD/USD
0.59352
0.18%
High 0.59527
Low 0.59346
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Spread
0.00018 pt
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Spread (%)
0.03033 %
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Swap Long
-0.55 pt
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Swap Short
-1.4 pt
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Initial Margin
0 $
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Maintenance Margin
0 $
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NZD/USD news and strategies from FBS analysts
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How Will BoJ Meeting Affect the Yen
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus
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