New Zealand Dollar Forecast: Trading the RBNZ Next Week
NZ Economy Performs Better than RBNZ Assumes NZD Strength Remains a Concern for RBNZ AUD /NZD the Preferred Play for RBNZ Meeting NZ Economy Performs Better than RBNZ Assumes Next week will see the RBNZ deliver its first monetary policy announcement of the year, where expectations are for the central bank to stand pat on current monetary policy. However, in light of the recent run of stronger than expected economic data, the focus will be on the RBNZ's updated forecasts as well as Governor Or's presser. At the last meeting, the RBNZ provided a hawkish surprise given that the NZ economy...
Source: menafn.com