GBP/NZD Forecast: RBNZ Rate Decision to Dominate Market Sentiment
Despite a quiet data calendar today, GBP/NZD remains a focal point as eyes turn to the Reserve Bank of New Zealand’s (RBNZ) interest rate decision tomorrow. Analysts largely predict a cut of 25 basis points, which may significantly impact the Pound New Zealand Dollar exchange rate. Market participants are preparing for potential volatility following the announcement. This rate decision represents a pivotal moment that could reshape the currency landscape. Keep an ear to the ground for any emerging news surrounding this event.