Justin took a look at the upcoming Reserve Bank of New Zealand announcement here:
be sure to check it out!
Announcement is coming at 0200GMT June 26.
other previews:
- NZD traders - RBNZ monetary policy announcement due tomorrow - preview
- RBNZ monetary policy meeting preview - BNZ says cash rate on hold
- NZD traders - RBNZ preview - poll says on hold
- NZIER says RBNZ cash rate should remain on hold this week
And this snippet from Westpac:
- The consensus expectation among analysts and the market is for an on-hold decision this afternoon. To avoid a positive reaction from the NZD, the RBNZ will need to at least signal potential for a rate cut in August.
WPAC asses the probability of a rate cute today at 25%
