Neutral RBNZ good enough for kiwi

by Ashraf Laidi

Mar 12, 2015 16:39

The NZD has no choice but to flex its high yielding muscle following last night's announcement from the Reserve Bank of New Zealand to keep the overnight rate unchanged at 3.50%, while reiterating its neutral policy stance by sticking to the phrase “rates could go up or down”. Here is the latest analysis, charting hcarting against NZ dairy prices. Full charts & aalysis. 

Click To Enlarge

Latest IMTs

• 4200 Gold & Warsh
  by Ashraf Laidi | Jul 31, 2026 11:26
• Nasdaq pre FOMC
  by Ashraf Laidi | Jul 27, 2026 18:06
• Fed can Hike next Week
  by Ashraf Laidi | Jul 24, 2026 13:22
• Nasdaq Beware
  by Ashraf Laidi | Jul 17, 2026 11:46
• Intraday Gold Fibonacci
  by Ashraf Laidi | Jul 16, 2026 13:19