If the RBNZ finishes cutting in August, GBP/NZD quickly becomes a candidate for bigger declines.
A resolution to the U.S. tariff question is in train, and this is helping markets recover.
The New Zealand Dollar could be hit by a surprise RBNZ rate cut this week, while tariff headlines are also weighing.
"The second quarter and beyond could be more challenging for the kiwi."
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