Forex Markets Under Pressure as RBNZ Decision Looms; USD/CAD Continues Bullish Surge
AUD/USD and NZD/USD continue to face downward pressure ahead of the RBNZ policy decision, reflecting domestic economic softness and cautious central bank outlooks. Meanwhile, USD/CAD extends its strong bullish momentum amid a stable US dollar supported by resilient economic data and a measured Fed stance. Market participants should monitor key technical levels and upcoming central bank actions for potential volatility.
