NZD: RBNZ likely to keep OCR steady next week - ANZ
Research Team at ANZ, sees the RBNZ maintaining the OCR at 2.25% next week.
"We are not buying into the notion that recent developments, particularly the rising NZD, bring an April cut into play. While the March surprise highlights the potential for another, the RBNZ has expressed a preference for...
EUR/USD above 1.11 as Stoxx 50 futures drop
The bid tone around EUR strengthened on signs of risk-off in equities, pushing the EUR/USD above 1.11 handle and to a session high of 1.1118 levels.
Weak stocks support EUR
At the time of writing, Stoxx 50 futures were down 0.70% indicating the equity markets across Europe are likely to open on a weak note. Moreover,...