![NZD/USD loses traction above the mid-0.6000s, investors await RBNZ rate decision NZD/USD loses traction above the mid-0.6000s, investors await RBNZ rate decision](https://shmi.ir/wp-content/uploads/2023/11/NZDUSD-loses-traction-above-the-mid-06000s-investors-await-RBNZ-rate-150x203.jpg)
[ad_1] Share: NZD/USD loses momentum above the mid-0.6000s on Monday. Reserve Bank of New Zealand (RBNZ) is anticipated to hold the Offical Cash Rate (OCR) at 5.50% on Wednesday. US S&P Global Manufacturing PMI dropped to 49.4 vs. 50.0 prior, below the market consensus. RBNZ interest rate decision and US Gross Domestic Product