New Zealand Dollar Rises Amid RBNZ Rate Hike Expectations
The New Zealand dollar strengthened against major currencies in the European session as traders expected an RBNZ rate hike later this week.
CANBERA (dpa-AFX) - The New Zealand dollar strengthened against other major currencies in the European session on Monday, as traders expect that the Reserve Bank of New Zealand (RBNZ) will deliver a rate hike later this week.Traders anticipate that the RBNZ will hike the Official Cash Rate 25bps at…