Eamonn Sheridan
Preview: RBNZ set to lift OCR to 3% ahead of election as oil and weak kiwi fuel inflation
With a hike close to fully priced, the New Zealand dollar’s reaction is likely to hinge on guidance rather than the move itself, and the risk is asymmetric: a hold would catch markets badly offside and could trigger a sharp kiwi selloff. A hike paired with a clear tightening bias
AUD/NZD
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