The New Zealand Dollar (NZD) underperformed after Q2 GDP contracted by -0.9% q/q, a far steeper decline than expected, fueling RBNZ rate cut bets ahead of the October 8 meeting, BBH FX analysts report.
The New Zealand Dollar (NZD) underperformed after Q2 GDP contracted by -0.9% q/q, a far steeper decline than expected, fueling RBNZ rate cut bets ahead of the October 8 meeting, BBH FX analysts report.