The Reserve Bank of New Zealand (RBNZ) is widely expected to cut its interest rates this week!
Still, our Event Guide for RBNZ’s October Decision suggests that members could tone down their dovishness ahead of a change in central bank leadership. We may even see a sell-the-rumor, buy-the-news scenario!
Here’s why NZD/JPY and NZD/CAD could offer opportunities in the event of a less dovish RBNZ event:
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