If the Reserve Bank of New Zealand (RBNZ) does not cut far enough, the risk of further job losses grows.
Uncertainty over global free trade and more cuts at the RBNZ will prove an ongoing headwind to the New Zealand Dollar.
The British Pound is trending higher against the New Zealand Dollar, bolstered by recent tariff developments.
The New Zealand Dollar is under pressure amidst a selloff in U.S. technology stocks, raising the prospect of a strong recovery in GBPNZD in the coming days.
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