FXStreet (Córdoba) - According to analysts from TD Securities, the kiwi is headed lower in the market despite expectations that the Reserve Bank of New Zealand (RBNZ) will leave rates unchanged on Wednesday. Key Quotes: “We expect the RBNZ will remain on hold this week but ease in December when they have the support of the Monetary Policy Statement and press conference to provide a more comprehensive analysis of the outlook. “We think we will see aggressive language similar to the July statement where further depreciation was viewed as “necessary” when NZDUSD traded around 0.6600, which is about 2-big figures below where spot currently trades. “The Fed will also announce its decision on Wednesday where we expect a downgrade to the growth assessment. Despite this dovish change, the Fed will likely want to keep a December move in play (market has only priced in ~30% chance of a hike), suggesting the USD could take on a slightly stronger tone overall.” “Enter NZDUSD shorts at 0.6730, target 0.6400 and set stop at 0.6850.” For more information, read our latest forex news.