Wow FX, I'll try and write slowly, to give you a chance to understand.
All the talk was that rates could possible be cut some time in the near future. Was it yesterday, no.
Could it have been yesterday, maybe. Who knows with the Kiwi. So don't risk a trade.
Or better still don't trade any Kiwi pairs, ever.
You being the Expert that you are, screamed "no rate cut" on the day after the event. So well done.
Quote:
"While the RBNZ lowered its GDP growth and inflation forecasts, and pushed back when it expects
its cash rate will increase to the first quarter of 2021, the RBNZ retained a neutral bias on the
outlook for interest rates, disappointing markets who were expecting the bank to shift to a more
dovish stance like other major central banks this year."
Seeing as we are name calling. I find your posts boring and you seem an unlikely Forex
Trader. Maybe an investor but not leveraged. Just an assumption. Like your
assumption about me.
And one other thing, can you at least make an effort to upload a Chart we can read or see.
Bit of deja vu about this as last year it was Shark and now it's a Kiwi.
I guess I'm just not suited to this forum. At least I did try to be friendly this year. New Year
resolution and all.
