RBNZ set to keep rates unchanged but could it trim rate cut bets? – Forex News Preview
Posted on November 6, 2018 at 4:47 pm GMTFollowing the RBA, the Reserve Bank of New Zealand (RBNZ) will be next to decide on monetary policy this week. As their Australian counterparts, RBNZ policymakers are widely expected to leave interest rates unchanged on Wednesday at 2000 GMT under a fragile global trade environment and downbeat local business sentiment. The kiwi however could start fluctuating prior to the rate statement as the quarterly employment report out of the country and the outcome of the US midterm elections are poised to affect investors’ buying interest for the currency. In the [..]