NZD/USD flows: RBNZ cut 25bps as expected

The Reserve Bank of New Zealand cuts rate by 25bp to 3.75% as expected and along their own OCR forecast. Their OCR forecast continue to points towards more easing in the coming months. It is also expected they are seeing tariff's impact towards a worse economic outlook than before.

NZD/USD is trading 0.07% higher as USD is sliding against major.