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NZD/USD Price Outlook: Trading Range Develops Ahead of RNBZ Rate Decision
Since NZD/USD is heavily reliant on the US dollar, read the full US Dollar forecast including the technical outlook. Download our new 3Q trading guide from the DailyFX Free Trading Guides below. The RBNZ is set to update the public on accommodative monetary policy measures and tools that are currently being deployed to boost the local economy in the wake of the coronavirus and the spread of the Delta variant making its way around the world. While no change to the interest rate is expected, the bank will assess whether it is necessary to reign in the Large Scale Asset Purchase and Funding for Lending programs. CPI ... (full story)