8 Jul 2015
NZD/USD: RBNZ weighing in - TDS
FXStreet (Guatemala) - Analyst sat TD Securities noted the forthcoming RBNZ meeting this month.
Key Quotes:
"Focus in the antipodeans will turn to the RBNZ on July 22nd where it is expected that the cash rate will be cut by 25bps."
"There is a growing risk that the RBNZ will need to ease further either at this meeting or by another 25bps later this year with developments in New Zealand tilted to the weak side (falling dairy prices, business sentiment and soft inflation), leaving scope for the NZD to slip further."
Key Quotes:
"Focus in the antipodeans will turn to the RBNZ on July 22nd where it is expected that the cash rate will be cut by 25bps."
"There is a growing risk that the RBNZ will need to ease further either at this meeting or by another 25bps later this year with developments in New Zealand tilted to the weak side (falling dairy prices, business sentiment and soft inflation), leaving scope for the NZD to slip further."