The focus shifts to NZD/USD as the Reserve Bank of New Zealand (RBNZ) prepares for its interest rate meeting. Current consensus points to a 25 basis point cut, bringing the official cash rate (OCR) to 3%. The NZ Dollar faces headwinds from slowing economic growth, a weaker labor market, and easing inflation pressures. These indicators suggest that the anticipated cut is almost certain. Market participants will closely analyze the RBNZ’s commentary for further insights into future monetary policy. This decision is a crucial turning point for the NZD.