The Reserve Bank of New Zealand (RBNZ) will likely cut interest rates in November this year, although an early cut cannot be ruled out, ANZ economists have reportedly said. The central bank left interest rates unchanged earlier today, but surprised markets by changing the language on interest rates to signal that the next move could be to the downside. The NZD, therefore, has tanked across the board with the 10-year government bond yield losing more than ten basis points. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/JPY Technical Analysis: Post RBNZ, pair smashed through nearterm technical levels, targeting 200-D SMA FX Street 4 years The Reserve Bank of New Zealand (RBNZ) will likely cut interest rates in November this year, although an early cut cannot be ruled out, ANZ economists have reportedly said. The central bank left interest rates unchanged earlier today, but surprised markets by changing the language on interest rates to signal that the next move could be to the downside. The NZD, therefore, has tanked across the board with the 10-year government bond yield losing more than ten basis points. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
