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FX Watch: AUD/NZD and NZD/JPY Retracements for a Potentially Dovish RBNZ Decision

Expectations are for the RBNZ to slash rates by another 0.50% this week, as inflation and employment have been lagging.

Our Event Guide for the November RBNZ Decision also discussed how policymakers might opt for a larger-than-usual reduction in borrowing costs since they won’t be meeting again until February next year.

Here’s what I’m watching on AUD/NZD and NZD/JPY in the event of a dovish announcement.

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