Super-quick preview of the RBNZ announcement due at the top of the hour

I posted previews earlier if you'd like to check 'em out in the remaining few minutes ahead of the Reserve Bank of New Zealand

• RBNZ meeting due Wednesday 21MAR2018 at 2000GMT - preview
• Reuters poll of 15 economists, all 15 forecast the RBNZ to hold rates
• ASB expect the RBNZ will leave the OCR unchanged at 1.75%

And Greg just posted his technical preview:

• The NZDUSD is higher on the dollar selling with the RBNZ up next.

Finally, just out here's a real quick one from Westpac's morning note:

RBNZ's OCR Review

• It should be uneventful, given little has changed in the NZ economy since the Feb MPS.
• There will be more market interest in the new Policy Target Agreement (PTA), which will probably be released sometime during the next few days.

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For the NZD, I'm not expecting to much given the on hold decision is as close to a foregone conclusion as you'll likely get and the focus on the PTA and new gov. in coming days. This announcement should pass by with barely a ripple.