RBNZ Financial stability report due at the start of the new trading day.
At the close of today and start of the new day (i.e. at 5 PM ET/2100 GMT), the RBNZ will release the financial stability report (a review of inflation, growth and other economic conditions). Later (2300) RBNZ Gov. Wheeler will give his take on the report during a press conference. Whenever he speaks, the market expects that he will look to talk down the value of the NZD. It does not always work, but that is his bias. Wheeler has already said expects rates to remain unchanged for an extended period of time, even though he fights to contain a rising housing market.
Forex technical analysis: NZDUSD trades at highest level in nearly 3 months
