BNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

I suspect BNZ is spot on with this:

  • BNZ forecast a 50bp interest rate cut from Reserve Bank of New Zealand next week

NZD/USD has dropped to its low of the session so far, around 0.6335

This article was written by Eamonn Sheridan at www.forexlive.com. Source