The Reserve Bank of New Zealand did not cut its key rate yesterday night. However, its statement clearly suggests that the recent NZD appreciation is undesirable and might result in a rate cut after all if it is sustainable.
With the RBNZ remaining dovish, the upward potential of NZD-USD is probably limited, said Commerzbank in a research note on Thursday.


Trump Demands Powell Resign Over Fed Renovation Cost Overruns
Yen Sinks as BOJ Rate Hike Fails to Impress Markets
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households
Fed’s Williams Signals One More Rate Hike Before Year-End 



