The Reserve Bank of New Zealand announcement is here: RBNZ announcement - on hold (as expected)
And, response from Westpac is here: Responses to the RBNZ - "key policy guidance paragraph ... unchanged"
This now via CBA:
- NZD/USD has lifted 0.5% to 0.7255 (after briefly touching lifting 0.75% to 0.7277) because the RBNZ maintained a reasonably optimistic tone in today's policy meeting
- The RBNZ noted the increase in global economic growth ...
CBA give a bit of a summary of the media release, and go on with implications (bolding mine):
- Because of the relatively positive tone in the statement reflecting the relatively healthy New Zealand economy, the NZD has lifted. AUDINZD has moved lower, at one point declining below 1.0400. We continue to see downside risks to AUD/NZD, with our earlier published research indicating a decline to party is a risk.
