RBNZ

The RBNZ refrained from any knee-jerk reaction to trump’s tariffs and cut by the expected 25bp to 3.5%. But further easing seems likely, prompting a sympathy bid for NZD/USD and AUD/USD. Though larger forces are likely to keep any upside capped for now.

The RBNZ's cash rate is now 35bp above the RBA's - its highest spread in 12 years. We're now eyeing a potential breakout on AUD/NZD, once the obligatory bull-traps which tends to plague forex markets plays out.

With a 50bp rate cut all but certain, the RBNZ’s guidance will be the real market mover. Will policymakers stick to their previous rate path, or will markets be forced to rethink their aggressive easing bets? NZD/USD sits near multi-month highs—can it launch if the central bank pushes back against dovish expectations?

With domestic inflation concerns firmly in the rear view mirror, NZD/USD remains at the mercy of global forces. Can the Kiwi chart a new course amid signs of easing US trade policy concerns?

New Zealand’s economy is in freefall, with a deep recession and dire GDP data sparking bets on aggressive RBNZ rate cuts. Add a hawkish Fed twist, and NZD/USD has plunged to two-year lows. Could .5515 be the next stop?

The RBNZ took the safe option in delivering a 50bps cut, but hawkish signals have traders buzzing. Can NZD/USD sustain its breakout momentum, or will the US dollar reclaim control?

The consensus is 50bp, market pricing leans towards 75bp. Whatever the RBNZ decide to do today, it comes down to whether they will signal further cuts, as to whether NZD/USD continues to depreciate or bounce on a "sell the rumour, buy the fact" reaction.

NZD/USD bounces back ahead of the 2023 low (0.5774) to keep the Relative Strength Index (RSI) above 30.

New Zealand’s economy is crawling despite aggressive rate cuts, leaving the RBNZ staring down a crucial decision: play it safe or unleash Adrian Orr’s hallmark “shock and awe” with a bold move next week. Could a 75bp cut be the surprise markets aren’t ready for?

NZD/USD rises despite soft jobs data, with risk of mega RBNZ cut remaining on the table. US Congress composition now key to near-term Kiwi moves.

New Zealand consumer price inflation (CPI) fell to the lowest level since early 2021 in the September quarter, seeing markets retain the view the Reserve Bank of New Zealand (RBNZ) will deliver another jumbo rate cut in November. NZD/USD has moved back towards range lows ahead of another key inflation measure.