Flash: RBNZ rate hike in March 70% chance - Westpac

FXstreet.com (Barcelona) - According to Imre Speizer, FX Strategist at Westpac, while January is certainly live for the RBNZ to start its tightening cycle, "we assign only a 15% probability, zero probability to December, 35% by March, and 70% by April."

GBP/USD off gently after counter-trend bounce during Tuesday’s US session

The GBP/USD opened lower for the session after a sharp rebound occurred Tuesday during the US session. There may be one more upside try in the cards, but technicians say the key resistance comes in at 1.6221.
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