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Eni...Dogs and Horses, for pussy's lovers only - Cap. 3
The New Zealand dollar took a tumble after the country's central bank blindsided markets by saying the next move in interest rates would likely be down, abandoning its long-standing neutral stance.
While the Reserve Bank of New Zealand (RBNZ) kept the official cash rate (OCR) at 1.75 percent as expected, it surprised many by flatly stating "the more likely direction of our next OCR move is down."