Market expectations for a 0.25% RBNZ rate cut appear to be well-priced in, but what if the central bank announces an even larger 0.50% reduction and scope for further easing? Our Event Guide for the October RBNZ Decision suggests that policymakers could give explicit forward guidance for more rate cuts in 2026. Here's what I'm watching on NZD/CAD and NZD/USD in this scenario.