NZD/USD tumbles after surprise RBNZ hold when hike expected: Oct 30, 2026
The New Zealand dollar tumbled after the RBNZ surprised markets by holding rates when a hike had been expected, with reports noting a 1.6% drop for the Kiwi. Attention has since focused on the year-to-date low near 0.5567, while a mixed US dollar ahead of the Fed and key US data has limited further losses.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the NZD/USD page.
Headlines (13)
First seen on October 30
Carried over from earlier days
- European markets brace for Fed decision as hot Australia CPI, RBNZ surprise and oil rally stir nervesInvestingLive
- Forex Today: US Dollar consolidates weekly gains ahead of all-important Fed rate callFXStreet
- Macro pulse: Has the RBNZ shock exposed a bigger problem with central bank rate pricing?InvestingLive
- Kiwi Suffers as Confidence in RBNZ Fades. Forecast as of 28.10.2026LiteFinance
- NZD/USD Price Forecast: Bears eye 18-months low at 0.5564FXStreet
- The RBNZ surprised markets with a pause and the Kiwi sank 1.6%: Why December hike bets may not save itFXStreet
- RBNZ delivers surprise hold in split decisioncentralbanking.com
- Morning Kickstart: Dollar mixed ahead of Fed, BoC and Big Tech earningsInvestingLive
- NZDUSD tumbles after surprise RBNZ hold. Sellers retain control as the rebound stalls.InvestingLive
- New Zealand Dollar remains depressed as USD bulls look to crucial data amid Fed hike betsFXStreet
- RBNZ Held When Markets Expected a Hike; NZD/USD TumblesInvesting.com
- NZD/USD Price Forecast: Looking for direction with YTD low at 0.5567 in sightFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 30 | ||
| Employment Cost Index q/q | 0.8% | USD |
| Chicago PMI | 55.8 | USD |
| FOMC Member Daly Speaks | USD | |
| FOMC Member Musalem Speaks | USD | |
| Sunday, November 1 | ||
| Daylight Saving Time Shift | USD | |
| FOMC Financial Stability Report | USD | |
| Monday, November 2 | ||
| Final Manufacturing PMI | USD | |
| ISM Manufacturing PMI | USD | |