22 Jul 2014
RBNZ to hike rates by 25bp to 3.5% - SocGen
FXStreet (Bali) - According to Kit Juckes, Head of FX Strategy at Societe Generale, the RBNZ is expected to hike rates by 25bp again on Thursday.
Key Quotes
"a 25bp hike is expected to 3.5%, but if the RBNZ indicate that they are at or near the end of the hiking cycle for now, the NZD will look vulnerable."
Key Quotes
"a 25bp hike is expected to 3.5%, but if the RBNZ indicate that they are at or near the end of the hiking cycle for now, the NZD will look vulnerable."