Dominick Stephens, chief economist at Westpac, suggests that the RBNZ is likely to repeat the key messages from February, including “OCR on hold through 2019 and 2020″ and “the next move could be up or down.” Key Quotes “The details of the statement will also be similar to February, emphasising global risks and a positive domestic outlook.” “Recent developments have been in line with RBNZ expectations, so there is no reason for the RBNZ to change stance.” “The impending move to a Monetary Policy Committee is another reason for the RBNZ to avoid rocking the boat right now.” “Markets would be surprised by an unchanged statement from the RBNZ. Swap rates and the exchange rate would rise a bit.” 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 GBP/JPY Technical Analysis: 5-week old ascending trendline restricts the downside near 144.80/70 FX Street 4 years Dominick Stephens, chief economist at Westpac, suggests that the RBNZ is likely to repeat the key messages from February, including "OCR on hold through 2019 and 2020" and "the next move could be up or down." Key Quotes "The details of the statement will also be similar to February, emphasising global risks and a positive domestic outlook." "Recent developments have been in line with RBNZ expectations, so there is no reason for the RBNZ to change stance." "The impending move to a Monetary Policy Committee is another reason for the RBNZ to avoid rocking the boat right now." "Markets would… 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.
