NZD Breaks Out; Outlook Mired by Weak Wages, Bets for RBNZ Rate-Cut

The near-term breakout on NZD/USD may fizzle ahead of the RBNZ’s November 10 meeting amid lingering expectations for a rate-cut.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/11/02/NZD-Breaks-Out-Outlook-Mired-by-Weak-Wages-Bets-for-RBNZ-Rate-Cut-.html?DFXfeeds=forex:fundamental:us_dollar_index:daily_dollar