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Markets28 October 2026

New Zealand dollar tumbles after RBNZ unexpectedly holds rates, Aussie gains on inflation data

via Investing.com

The NZD plunged after the Reserve Bank of New Zealand surprised markets by holding interest rates instead of hiking. The Australian dollar rose following quarterly inflation data. Traders await the Federal Reserve decision later today and Thailand's rate announcement, with FX volatility expected across AUD, NZD, and USD pairs.

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Investing.com
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