The RBNZ is already widely expected to cut interest rates this October, but what if they lean even more dovish with a larger cut or confirmation of more easing to come?
Our Event Guide for the RBNZ Decision points out that Governor Hawkesby mentioned that the OCR is projected to reach 2.50% by the end of the year.
Here’s what I’m watching on EUR/NZD and NZD/CHF in this case.
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