New Zealand RBNZ Interest Rate Decision remains at 2.5% in Jun 12

Jun 12, 2013

Session Recap: EUR/USD highest since Feb 21; USD/JPY defends 95.00

An early USD sell-off found dip buyers as the NA session went along, particularly in the USD/JPY where after a low of 95.15 by the European close, a decent bounce took the pair back above 96.00.

RBNZ keeps rates at 2.5%, GDP forecast cut

The Reserve Bank of New Zealand left rates unchanged at 2.5 percent, as expected. Below readers can find the official statements by the Reserve Bank Governor Graeme Wheeler as seen in the central bank site: