New Zealand Dollar Slumps After Central Bank Holds Rates
The Reserve Bank of New Zealand unexpectedly kept rates unchanged in a 4-3 vote, while the US dollar held steady ahead of the Federal Reserve decision.
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Dollar Steady Ahead of Fed Decision as Kiwi Slumps After RBNZ Holds
The U.S. dollar held at a two-week high ahead of central-bank decisions. The Federal Reserve was widely expected to keep rates unchanged; the kiwi fell after the Reserve Bank of New Zealand held rates.
FOREX — Yen slumps after BOJ hikes rates as expected
BOJ votes 7-2 to hike by 25bps; Governor Ueda to brief media at 0630 GMT Dollar stabilises as Fed narrowly seen hiking next month Sterling level after BoE holds rates, pauses gilt sales (Adds BOJ decision, updates markets) By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) — The yen sank against its major peers in As