The New Zealand Dollar will likely brush off a sizeable 50 basis point interest rate cut from the RBNZ says an analyst we follow.
BNZ predicts that the Reserve Bank of New Zealand (RBNZ) will cut the Official Cash Rate (OCR) by 50 basis points at its next meeting.
A new survey shows that although New Zealand business sentiment is improving a window has opened to allow the Reserve Bank of New Zealand (RBNZ) to cut interest rates by 50 basis points next week.
Pound to New Zealand Dollar Forecast for the Week Ahead: At Risk of Technical Breakdown
- Category: NZD
Of all the GBP exchange rates we monitor in our Week Ahead Forecast coverage, GBP/NZD is looking the most bearish.