NZD grinding lower following RBNZ Gov Orr monetisation comment)
Reserve Bank of New Zealand Governor Orr earlier:
NZD is seeing offers:
NZD had already been under some selling pressure but it increased after that remark from Orr. Monetisation of government debt is not something that inspires confidence in markets. Central banks have been accused of doing so, especially in the era of big QE, but do
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