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ANZ: RBNZ Feb OIS Pricing Helping NZD/USD Higher

KIWI

ANZ note that "the NZD OIS market is better bid as markets price out the chance of easing in February, and that's likely contributing to some NZD strength, as does the growing sense in markets that early deployment of the RBNZ's planned FLP arguably buys more time to either delay an OCR cut or stop at 0% en route to a negative OCR. Still dovish, but less so."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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