Coming up – the Reserve Bank of New Zealand interest rate decision, Monetary Policy Statement, and press conference

Due at 5pm New York time, which is 2100GMT.

The New Zealand Cash Rate is expected to be left on hold at 2.5%

There will be a press conference given by the governor of the Reserve Bank of New Zealand, Graeme Wheeler. Wheeler has been vocal in his desire for a lower New Zealand dollar, even yesterday saying that the drop in the NZD was a positive for the economy (and more). So, a heads-up for NZD traders.

investingLive Premium
Telegram Community
Gain Access