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Are Interest Rate Cuts Looming for the NZD?

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Further interest rate cuts might be on the way for the Kiwi Dollar after New Zealand Finance Minister Bill English made comments suggesting that rates might have further to fall. Despite the highly dovish comments from the NZ Finance Minister, the NZD remained robust in early trading. However, given the RBNZ’s recent comments regarding a rate hike, it seems unlikely December will see a cut from the central bank. In fact, the RBNZ’s Governor Wheeler made a statement in the middle of October

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