RBNZ: Market projecting next hike around April 2015

FXStreet (Bali) - The Reserve Bank of New Zealand said that the financial markets are projecting April 2015 as the time when the resumption of rate hikes will occur.

Sep 11, 2014

NZD/USD trips stops below 0.82 after RBNZ

NZD was initially sold but some strong demand was noted at the lows, following the RBNZ policy decision, in which the Central Bank stated that it is prudent to undertake a period of monitoring and assessment before considering further policy adjustment, although also noting that further policy tightening will be necessary.

RBNZ: inflationary pressure less than anticipated

RBNZ Chief Wheeler, speaking at a press conference, said that inflationary pressure is less than the RBNZ anticipated, a comment that should be interpreted as a dovish sign, and therefore negative input for the NZD.