On April 29, the RBNZ cuts the official cash rate (OCR) by 50 basis points to 2.50 percent. The decision was in line with average estimates. The following charts show reactions from the New Zealand dollar.
"He will win who knows when to fight and when not to fight."
"In war, the way is to avoid what is strong and to strike at what is weak."
"You can be sure of succeeding in your attacks if you only attack places which are undefended. You can ensure the safety of your defense if you only hold positions that cannot be attacked."
Sun Tzu – The Art of War
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