NZD

NZD/USD slumps on dovish RBNZ but key support levels still holding

• The kiwi is the main laggard today as the RBNZ tees up rate cuts as early as October

Westpac on the RBNZ statement today - "less hawkish" than May statement

New Zealand rate pricing implies 25bp rate cut for October vs. 16 before RBNZ statement

• Reserve Bank of New Zealand lean a little less hawk and more dove

NZD/USD drops after the RBNZ statement - hints of a closer rate cut

• RBNZ expecting headline inflation to return to within the 1 to 3 percent target range in the second half of this year

RBNZ leaves it cash rate on hold at 5.5%, as expected

• Reserve Bank of New Zealand July 2024 monetary policy decision

Reserve Bank of New Zealand coming up at top of hour - quick rundown on what to expect

RBNZ policy decision today - "market looks positioned for a more dovish message"

• Reserve Bank of New Zealand preview

NZDUSD Technical Analysis – A look at the chart ahead of the RBNZ decision

• The NZDUSD pair is falling into a key support as we head into the RBNZ policy decision. What’s next?

RBNZ policy meeting Wednesday - preview - "little change to the neutral guidance"

• Reserve Bank of New Zealand

MUFG: Long AUD/NZD Attractive for an extended move above 1.10

• A look at the antipodeans

Market Outlook for the Week of 8th - 12th July

• Week's highlights include Powell's testimony in Congress, RBNZ's policy announcement and U.S. inflation data

RBNZ Monetary Policy Review due Wednesday - "not expecting a whole lot"

• Reserve Bank of New Zealand expected to leave its cash rate unchanged at 5.5%

Reserve Bank of New Zealand policy meeting this week - preview (on hold widely expected)

• RBNZ expected to leave its cash rate at 5.50%

Newsquawk Week Ahead: US CPI, Powell testimony and US earnings

• Next week highlights include US CPI, Fed Chair Powell testimonies, a BoJ bond meeting, the RBNZ policy announcement, second round of French elections, US earnings and more.

NZDUSD trading near session highs for the week. Bias more in favor of buyers.

• Sellers had their shot below 100/200 day MAs earlier this week