Flash: RBNZ priced in – RBS

FXStreet (Guatemala) - Strategists at RBS noted that the RBNZ decision is due and the market is well priced for a 25bp hike in the OCR at the March meeting.

Key Quotes:

“The latest housing markets indicators have shown a bit of weakness, but more broadly economic indicators have remained robust”.

“Because the market is largely priced for a hawkish statement from the RBNZ, it may be difficult for the RBNZ decision to come off as particularly more hawkish.”