The RBNZ’s dovish rate cut to 3.50% has reinforced the Kiwi’s bearish outlook against the Japanese yen, especially amid ongoing global trade tensions.
With the central bank explicitly signaling scope for further OCR cuts and global risk aversion climbing, NZD/JPY may continue its downward trajectory in the short-term.
Let’s examine how we may theoretically structure a trade plan around this development.
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