Flash: RBNZ rate hikes will start Q1 2014 - BNZ

FXstreet.com (Barcelona) - RBNZ OCR hikes will start taking place from Q1 2014, notes Mike Jones, Currency Strategist at Bank of New Zealand, who underlines how "the market has moved toward pricing a similar view, even as the RBNZ still suggests rates unchanged until H2 next year" Jones comments.

GBP/USD stable above 1.51 ahead of UK&US CPI's

The GBP/USD foreign exchange rate is last trading at 1.5105, unchanged for the week so far, ahead of both key UK CPI at 08:30 GMT and US CPI at 12:30 GMT.
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EUR/USD in highs, eyes on 1.3100

The EUR/USD is extending its recovery from yesterday’s lows in the boundaries of 1.3000 to the current levels near 1.3100 the figure, as the risk-on trade continues to prevail amongst traders...
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