RBNZ Decision Ahead: NZDUSD at a turning point technically

The RBNZ will announce its interest rate decision during the New Zealand trading day (10:00 PM ET / 2:00 PM NZT Wednesday). While the consensus leans toward a 25 basis point hike, the outcome is far from certain. Most economists view the decision as a genuine coin flip between leaving the Official Cash Rate unchanged at 2.25% and delivering a 25 basis point…

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