The Reserve Financial institution of New Zealand (RBNZ) is extensively anticipated to chop its rates of interest this week!
Nonetheless, our Occasion Information for RBNZ’s October Resolution means that members may tone down their dovishness forward of a change in central financial institution management. We could even see a sell-the-rumor, buy-the-news state of affairs!
This is why NZD/JPY and NZD/CAD may supply alternatives within the occasion of a much less dovish RBNZ occasion:
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