Everyone and their momma expects the Reserve Bank of New Zealand (RBNZ) to raise interest rates this week.
However, our Event Guide for the RBNZ’s September decision suggests we could get a “cautious hike” that dampens expectations for further tightening.
If the decision and press conference still turn out bullish for the New Zealand dollar, NZD/CHF and NZD/CAD could offer promising setups for Kiwi bulls.
Watchlists are price outlook discussions supported by both fundamental & technical analysis, a crucial part of a high-quality discretionary strategy needed before working on a risk & trade management plan to complete your own trade idea.
If you’re new to our “Watchlist” content, please read this guide on Short-Term Strategy Watchlists to help you understand how a watchlist may help develop your own ideas on how markets may move ahead, to potentially increase the odds of a net positive outcome.
