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    RBNZ’s Wheeler: NZD outlook assumes a stronger USDDhwani Mehta

    After the post-monetary policy press conference, RBNZ Governor Wheeler now makes a speech in the NZ parliament, commenting on the NZD level. Key Quotes: RBNZ's ability to influence currency very limited NZD outlook assumes a stronger USDFed rate increase 'would certainly be helpful 'Breakeven price for dairy farm payout about NZ $5.30/kg Meanwhile, NZD/USD has moved-off highs and now trades around 0.7125 levels, recording a 0.44% gain on the day.

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