Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr appeared for an interview before New Zealand’s National Business Review. The central bank governor said that there still prevails a room to cut rates if required while showing less worry about a recent slowdown in New Zealand economic growth as saying “we’re in a pretty good spot”. Mr. Orr then went on to describe what the Kiwi economy has. He said they have a strong labor market, a strong fiscal position, good terms of trade while exchange rate “has been behaving well” However, there is still room to cut interest rates if required and he is not concerned if the government borrows more to boost spending. The NZD/USD pair remained strong after the comments as it trades near 0.6630 on early Friday. 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/USD Technical Analysis: Cable weakening below 1.2920 level FX Street 4 years Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr appeared for an interview before New Zealand's National Business Review. The central bank governor said that there still prevails a room to cut rates if required while showing less worry about a recent slowdown in New Zealand economic growth as saying "we're in a pretty good spot". Mr. Orr then went on to describe what the Kiwi economy has. He said they have a strong labor market, a strong fiscal position, good terms of trade while exchange rate "has been behaving well" However, there is still room to cut interest… 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.
