The Reserve Bank of New Zealand (RBNZ) is widely expected to cut interest rates this week!
Our Event Guide for RBNZ’s Decision suggests that there’s room for as much as a 50bps rate cut from the central bank in October.
But with traders already pricing in a rate cut for days, we could actually see a net positive outcome for the New Zealand dollar, even with the rate reduction.
Here’s why we’re keeping a close eye on NZD/JPY and GBP/NZD in case the Kiwi surprises with a bullish move.
This Article Is For Premium Members Only
Become a Premium member for full website access, plus get:
- Ad-free experience
- Daily actionable short-term strategies
- High-impact economic event trading guides
- Access to exclusive MarketMilk™ sections
- Plus More!