RBNZ Wheeler: NZD value unsustainable, unjustified

FXStreet (Bali) - Comments from Reserve Bank of New Zealand Governor Wheeler keep crossing the wires, this time reiterating, once again, that the New Zealand dollar level remains unsustainable and unjustified. Wheeler added that he is worried for the health of the NZ economy if dairy prices stay low another year. Wheeler also said that the RBNZ is still finalizing new forecasts for June MPS.

RBNZ FSR: Auckland in the crosshairs - ANZ

Today's RBNZ FSR coupled with a benign inflation backdrop, reinforces the likelihood of the RBNZ cutting the OCR as soon as next month, according to Philip Borkin, Senior Economist at ANZ.
Baca selengkapnya Previous

USD/JPY supported at 50-DMA

The US dollar continues to trade around a flat line against the Japanese yen in the mid-Asian session, with USD/JPY supported at 119.70, as market continues to digest upbeat Japanese trade data while US dollar recovers US jobs opening data-led losses against its major peers ahead of the US retail sales figures.
Baca selengkapnya Next