Free Trial

Nothing particularly new from RBNZ Gov. Orr....>

KIWI: Nothing particularly new from RBNZ Gov. Orr as of yet outside of comments
on the NZD.
- Orr noted that the NZD will be the number one shock absorber if global risks
rise, while noting that he is "very pleased" with the level of the kiwi, which
he deems close to fair value.
- NZD holding lower, albeit off of worst levels, with NZ 2-Year IR swaps hitting
the lowest levels seen since Oct '16 on the back of the dovish tinge to the
RBNZ's statement/MPS.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.