RBNZ's Wheeler trots out an NZD intervention threat, sends it down a bit

Graeme Wheeler is governor of the Reserve Bank of New Zealand

Earlier today he cut rates. So the NZD rose (tee hee)

He has just concluded his press conference, where, amongst other things, he said he is open to NZD intervention

NZD fell a bit, nearly retracing its rise on the rate cut:

Wheeler will speak again later, at 0010GMT when he answers questions in front of a committee in parliament

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