Reserve Bank of New Zealand (RBNZ) Assistant Governor Christian Hawkesby crossed wires, via Reuters, during the early Thursday morning in Asia. The policymaker highlighted the coronavirus (COVID-19) risk while citing all possible policy actions on the table. Key quotes RBNZ balance sheet will continue to grow as it supports the economy. The size and composition of the balance sheet will become a more active tool for a monetary policy decision. Not the bank’s goal to minimize financial risk on the balance sheet ‘during these unprecedented times’. The implications of Covid19 are not over, either globally or here in New Zealand. Lower or negative OCR, funding for lending program, purchases of foreign assets, and interest rate swaps all remain possible policy options. FX implications NZD/USD fails to respect downbeat comments from the RBNZ policymakers while consolidating the previous day’s losses around 0.6560. 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 President Trump: US intends to restore nearly all UN sanctions on Iran FX Street 2 years Reserve Bank of New Zealand (RBNZ) Assistant Governor Christian Hawkesby crossed wires, via Reuters, during the early Thursday morning in Asia. The policymaker highlighted the coronavirus (COVID-19) risk while citing all possible policy actions on the table. Key quotes RBNZ balance sheet will continue to grow as it supports the economy. The size and composition of the balance sheet will become a more active tool for a monetary policy decision. Not the bank's goal to minimize financial risk on the balance sheet ‘during these unprecedented times’. The implications of Covid19 are not over, either globally or here in New Zealand. Lower… 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.
