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At close · Thu, Jul 9, 2026
Daily Market Updates.

Forex

New Zealand dollar rallies after RBNZ delivers hawkish rate hike

NZD/USD rose about 1.0% on Thursday, extending gains after the RBNZ’s Wednesday hike, with a softer US dollar providing extra support.

Reported · Written up by our desk · Central Banks

FXStreet reported that NZD/USD jumped about 1.0% on Thursday, extending its gains for a second straight day.

The move followed a hawkish rate hike from the Reserve Bank of New Zealand on Wednesday, while a softer US dollar helped support the currency.

Sources

FXStreetNew Zealand Dollar jumps to a three-week high after hawkish RBNZ rate hike

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