China Foreign Exchange Reserves (MoM): $3.3387T (September) vs $3.322T

Oct 7, 2025

NZD/USD pulls back to levels near 0.5800 with the RBNZ decision eyed

The New Zealand Dollar’s rally met sellers at the 0.5845 area on Monday, and the pair is trading lower on Tuesday. The Kiwi has retraced the previous day’s gains and approaches the 0.5800 line as investors turn their focus to the RBNZ’s monetary policy decision, due on Wednesday.

USD/NZD: No RBNZ surprise expected – Commerzbank

In the early hours on Wednesday, the Reserve Bank of New Zealand will meet again to make a monetary policy decision and is likely to cut interest rates by another 25 basis points.