AUDNZD - Five Year Lows

[Hoop]

Well well - hit 0.94 - not a surprise

Those bank economists/commentators still forecasting low 80's - hmm

One month later and it is 0.9625.
Hamish & Fred Dagg (from the NZR thread)...An example of how not to put all your total faith/money with Economists/Commentators/Financiers and Brokers forward projections.
A real worry is the interest rate curve is inverting again..(a perceived recessionary view by markets if inversion not corrected)

The 5yr swaps is OCR is 2.25 3M Bills 2.42 5Yr Swaps 2.29% 10 yr swaps 2.61
From RBNZ website the next review is 11th August (over 2 months between periods this time) which is a still long way away..

Hmmmm..question.. ..Mr Wheeler is there going to be a Official Cash Rate drop happening before the scheduled 11th August announcement date??