RBNZ may appear dovish, but not enough to satisfy the bears – Forex News Preview
Posted on February 12, 2019 at 3:18 pm GMTThe Reserve Bank of New Zealand (RBNZ) will conclude its policy meeting on Wednesday, at 0100 GMT. Governor Orr will hold a press conference an hour later. In the wake of some disappointing employment data, traders have sharply ramped up their bets for a rate cut this year. While the central bank may indeed cut rates later in 2019, it’s unlikely to clearly signal such a move this early, which generates an upside risk for the kiwi on the decision. [..]