The possibility of a 0.25% rate cut by the RBNZ has been priced in for some time now, so are we just about to see a muted reaction from the Kiwi?
Our Event Guide for the RBNZ Decision points out that the Kiwi often fades its initial reaction to the event in the succeeding trading sessions.
Here’s what I’m watching on NZD/USD and AUD/NZD in this case.
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