NZD/USD to test key resistance at 0.6250 on hawkish RBNZ – Scotiabank NZDUSD RBNZ InterestRate Banks
“Some 70% of the Bloomberg survey, and all the local banks who participate in the poll, expect theto raise its Cash Rate 75 bps to 4.25%. OIS pricing is not fully onside, however; swaps are pricing in around 86% risk of a 3/4 point hike.” RBNZ Preview: Forecasts from seven major banks, going big on the OCRInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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