Reserve Bank of New Zealand (RBNZ) Deputy Governor Bascand was on the wires some minutes ago, via Reuters, throwing some fresh insights into Wednesday’s surprise rates on-hold decision by the central bank. Key Quotes: We made a call to “bide our time for now”, if we need to, we can move rates at Feb decision. The significant amount of stimulus we’ve put in place is working its way through the economy. Will take into account inflation data, labour data, bank capital review among other factors in next rates decision. We don’t think the interest rate impact of our bank capital proposals would be extensive. Has not made final decision on bank capital requirements, but “we’ve been clear capital is going up”. The Kiwi is under pressure once again just below the 0.64 handle, partly sold-off into the Aussie’s downbeat Australian jobs data-led slump while the above comments also add to the weakness. 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 Japan’s Nishimura: GDP data shows economy in gradual recovery FX Street 3 years Reserve Bank of New Zealand (RBNZ) Deputy Governor Bascand was on the wires some minutes ago, via Reuters, throwing some fresh insights into Wednesday's surprise rates on-hold decision by the central bank. Key Quotes: We made a call to "bide our time for now", if we need to, we can move rates at Feb decision. The significant amount of stimulus we've put in place is working its way through the economy. Will take into account inflation data, labour data, bank capital review among other factors in next rates decision. We don't think the interest rate impact of our bank capital… 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.
