NZD jumps after RBNZ raises its path forward for charges, suggests later cuts

See this post for the RBNZ jacking up the rate path ahead:

• Reserve Bank of New Zealand leaves cash rate on hold at 5.5%, as widely expected

A more hawkish RBNZ, not only suggesting later rate cuts but even a possibility of another hike.

NZD/USD has jumped, dragging AUD with it (not to the same extent) :

This article was written by Eamonn Sheridan at www.forexlive.com.