The Reserve Bank of New Zealand’s (RBNZ) Christian Hawkesby, Assistant Governor/GM Economics, Financial Markets and Banking, recently crossed wires while supporting the low levels of Official Cash Rate (OCR). The same could be witnessed in earlier comments from the RBNZ Governor during last-week. Key quotes We need to keep rates at low level for some time. Global risks are still to the downside. Very open and willing to provide more stimulus if needed. FX implications In a reaction to the additional support for easy money policy, NZD/USD extended its downside below 100-day Exponential Moving Average (EMA) to 0.6395 by the press time of early Asian session on Tuesday. 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 $16 million in client funds vanish as Canadian broker goes bust FX Street 3 years The Reserve Bank of New Zealand's (RBNZ) Christian Hawkesby, Assistant Governor/GM Economics, Financial Markets and Banking, recently crossed wires while supporting the low levels of Official Cash Rate (OCR). The same could be witnessed in earlier comments from the RBNZ Governor during last-week. Key quotes We need to keep rates at low level for some time. Global risks are still to the downside. Very open and willing to provide more stimulus if needed. FX implications In a reaction to the additional support for easy money policy, NZD/USD extended its downside below 100-day Exponential Moving Average (EMA) to 0.6395 by the… 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.
