NZDUSD remains in a narrow range before the RBNZ decision: traders anticipate no changes to the OCR

Basic overview USD: Last week, the much-anticipated US NFP report was released alongside somewhat disappointing US CPI figures. This led to heightened market speculation around a potential rate cut, with estimates suggesting around 62 basis points of easing could occur by year-end. Yet, the data doesn’t firmly indicate this direction; we really need more information […]