NZD RBNZ Interest Rate Decision - 19-05-08

Date: Wednesday 8th May 2019

Time: 02:00

The RBNZ announce their interest rate decision during the Asian session.

The RBNZ are expected to make a move on rates for the first time in over two years. Analysts forecast a cut of 25bps, however markets have only priced a 40% chance of this move happening. Therefore we expect a strong reaction to this event regardless of the outcome.

We will be trading NZD/USD. We will be selling the pair on a rate cut, and buying the pair if the RBNZ remain on hold.

What happened last time?
Chart Unavailable

NZD RBNZ Interest Rate Decision – 18-05-09

Time: 21:00

Forecast: 1.75

Actual: 1.75

Deviation: 0

Setting up procedure

Our market of choice: NZD/USD

Main Report

NZD RBNZ Interest Rate Decision

Deviation: +/-0.05

Prior Forecast Buy Sell
1.75 1.50 >1.6 <1.6

As always, make sure you set the auto-click locations, and we advise hitting load on News Trader Pro 60 seconds before the scheduled release time. Good luck!

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