The Reserve Bank of New Zealand (RBNZ) is on everyone’s radar this week with strong speculation about a potential interest rate cut.
Our April guide delves into what the RBNZ might do in its upcoming Monetary Policy Statement. Following the trajectory set in February, there’s a chance they’ll reduce rates by 50 basis points by May and then proceed more cautiously.
Here’s why the currency pairs NZD/USD and AUD/NZD could offer the most promising opportunities if the RBNZ opts for a measured path in further reducing interest rates:
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