Kiwi: RBNZ Meeting : COuld it be a rate cut ?

Last week, NZ CPI sank to 0.1% : the lowest number since 2009. this post a great threat to New Zealand and RBNZ.

The recovery of NZDUSD last week is just technical, you see it bounced from 38.2% Fib retracement at 0.6550

Here is my view: RBNZ will cut rate or at least more dovish and drives Kiwi back to the downtrend.