The latest employment numbers out of New Zealand will hit the markets late on Tuesday, at 21:45 GMT. This will be among the final data releases ahead of the RBNZ’s meeting next week, where market pricing currently assigns a 55% chance for a rate cut, so it may be crucial for that decision. Assuming no major disappointment in these figures, the risks seem tilted towards the RBNZ holding its fire, which may help the kiwi extend its rebound. Bottoming out? [..]
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