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RBNZ’s Wheeler: NZD would certainly be stronger without rate cuts

More comments flowing into the markets from RBNZ Governor Wheeler, as he continues to make a speech to the parliamentary committee today.

Key Quotes:

“NZD would certainly be stronger without rate cuts”

“Central Bank very concerned about global environment”

“'Race to bottom' in interest rates would stoke house price inflation“

SMA cross injuring USD/JPY

SMA cross injuring USD/JPY
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Brent oil stays on the back foot on oversupply concerns

Brent oil is trading weak in Asia on heightened oversupply concerns after US crude inventory build and record high Saudi output. At the time of writi
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