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RBNZ gov. Orr: Coronavirus poses downside risks to outlook

Reserve Bank of New Zealand's governor, Adrian Orr, is crossing the wires and has stated that he is seeing real wages start to pick up and repats yesterdays comments that low rates remain necessary.

Key comments

  • Coronavirus poses downside risks to outlook.

FX implications

A 'hawkish' RBNZ leaves OCR on hold at 1.0% 

US Tsy Sec. Mnuchin: Not expecting coronavirus to have economic impact beyond 2020

US Treasury Secretary, Steven Mnuchin, has crossed the wires and stated that he is not expecting coronavirus to have an economic impact beyond 2020. M
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NZD/USD bulls find support on 0.6450 structure, eye a break into 0.65s

The NZD has held form above a critical target following the Reserve Bank of New Zealand yesterday and has eyes for a test of the 0.65 handle on a rela
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