S&P 20 points from record highs A snapshot of the markets is currently showing: A snapshot of foreign exchange market currently shows the AUD is the strongest and the JPY is the weakest. The US dollar was the weakest of the majors at the start of the North American session.
RBNZ policy announcement - says level of stimulus to be reduced
Reserve Bank of New Zealand will halt additional LSAP purchases by July 23 2021 The RBNZ were expected to dial back their easing rhetoric, indicating tightening to come i the months ahead. The Bank has gone beyond that with the LSAP move (bolded above). In doing so the Bank has come out more on the hawkish side