Wheeler comments after the release of the :
financial stability report
– Declines to comment on NZD value
Why does that matter? Because over the past two years he’s used every opportunity he’s had to jawbone the kiwi lower. Passing on the opportunity is NZD bullish (and NZD has risen 20 pips as a result).
RBNZ’s Wheeler: Declines to comment on NZD value and why that might matter
ByAdam Button
Nov 10, 2015