It's a known fact the RBNZ have been in neutral mode for some time and they're expected to maintain it for a considerable period of time. However, they struck a dovish tone in the statement tonight by saying upfront that the direction of their next move is equally balanced. They also lowered inflation forecast. NZD/USD spiked about 50 pips and added another 30 so far. 2017 low near 0.6775 is the next major target.
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