Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

The NZD/CHF currency pair held in proximity to a 2-week high of 0.4544 on Tuesday ahead of the outcome of the RBNZ’s policy meeting on November 26th.

The Reserve Bank of New Zealand is expected to reduce its official cash rate by 25 basis points to 2.25% at its November meeting.

In October, the RBNZ delivered an out-sized 50 bps rate cut to 2.5%, citing prolonged spare capacity, subdued domestic activity and downside risks from cautious household and business behavior, which could hinder the country’s economic recovery.

Policy makers said they remained open to further easing in order to anchor inflation near the 2% objective.

Meanwhile, CHF traders will also look to Switzerland’s final GDP growth data for the third quarter, which will be released on Friday.

The Swiss economy contracted 0.5% quarter-on-quarter in Q3, reversing a 0.1% growth in Q2, according to the flash estimate.

The NZD/CHF currency pair was last little changed on the day to trade at 0.4530.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Swiss Franc Gains as SNB Caution Pressures USD/CHFSwiss Franc Gains as SNB Caution Pressures USD/CHF Key Moments USD/CHF trades around 0.8070 in Asian hours on Monday, marking a second consecutive day of declines for the pair. SNB minutes highlight growing caution and a renewed willingness to intervene in FX markets to prevent […]
  • USD/JPY Up 0.44% to 143.04, Yen Pulls Back as Trade Optimism Lifts USDUSD/JPY Up 0.44% to 143.04, Yen Pulls Back as Trade Optimism Lifts USD Key Moments:USD/JPY climbed 0.44% on Wednesday, reaching 143.04. The US Dollar Index stayed above the 99.300 mark. Market enthusiasm improved on news that trade discussions between the US and China will take place in Switzerland later […]
  • Forex Market: AUD/USD daily outlookForex Market: AUD/USD daily outlook During Friday’s trading session AUD/USD traded within the range of 0.9037-0.9100 and closed at 0.9082.At 8:51 GMT today AUD/USD was gaining 0.28% for the day to trade at 0.9107. The pair touched a daily high at 0.9112 during early Asian […]
  • Forex Market: GBP/CAD daily forecastForex Market: GBP/CAD daily forecast During yesterday’s trading session GBP/CAD traded within the range of 1.8366-1.8460 and closed at 1.8422.At 6:54 GMT today GBP/CAD was adding 0.11% for the day to trade at 1.8432. The pair touched a daily high at 1.8438 at 6:20 […]
  • Natural gas futures hit 6-month high on EIA report, East Coast stormNatural gas futures hit 6-month high on EIA report, East Coast storm Natural gas hit the highest level since June as the Energy Information Administration reported that U.S. gas inventories fell in line with expectations last week, indicating robust demand during the winter heating season. Forecasts for […]
  • AI Model Predicts Cardano in Higher Band by Feb 2026AI Model Predicts Cardano in Higher Band by Feb 2026 Key Moments Cardano (ADA) has been consolidating around $0.36 as of January 23, 2026, after a period of heightened volatility. ChatGPT projects ADA could trade between $0.42 and $0.50 by February 1, 2026, with a bias toward […]