Dominick Stephens, Chief Economist at Westpac, notes that the RBNZ left the OCR unchanged and repeated the key phrases about the OCR outlook. Key Quotes “The RBNZ expects to keep the OCR on hold, but the risks are tilted to the downside.” “The detail of today’s press release mentioned only downside risks. Although that was more dovish than the August press release, it was in line with other RBNZ communications.” “The RBNZ has not changed its view despite a raft of stronger economic data recently.” “This was all very much in line with expectations. We still put the odds of an OCR cut over the coming year at one in three.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: New home sales rose 3.5% in August – Nomura FX Street 4 years Dominick Stephens, Chief Economist at Westpac, notes that the RBNZ left the OCR unchanged and repeated the key phrases about the OCR outlook. Key Quotes "The RBNZ expects to keep the OCR on hold, but the risks are tilted to the downside." "The detail of today's press release mentioned only downside risks. Although that was more dovish than the August press release, it was in line with other RBNZ communications." "The RBNZ has not changed its view despite a raft of stronger economic data recently." "This was all very much in line with expectations. We still put the odds of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
