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RBNZ Shift To Dovish, Kiwi Keels Over

March 26, 2019 9:57 PM
Stating that the next OCR direction is likely to be down, RBNZ crunched their way out of the neutral gear whilst NZD traders burned rubber towards the exit.

NZD/USD Riding High on RBNZ and Optimistic Trade Talk Fumes

February 15, 2019 2:30 PM
In the middle of the week, the RBNZ opted to leave its primary interest rate unchanged at 1.75%, where the central bank expects it to remain for a “considerable period.” Governor Orr and company noted that there were both upside and downside risks to inflation; therefore, the next change to interest rates could either be higher or lower.