Short NZDUSD based on low CPI/ inflation = an RBNZ OCR cut is 90% likely
- 105 mins after market open at 23:45GMT NZD releases their June CPI print.
- In all RBNZ mandates they reiterate how they consider CPI to be their "main/ sole" target or dictator of the monetary policy they set (check any of their minutes etc).
- Their target is 2%, plus recently they...