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Published in TZ Latest News 13 October, 2015 by The TZ Newswire Staff

ForexLive Asia FX news wrap: RBNZ Governor Wheeler sees NZD bounce back in his face

Forex news for Asia trading Wednesday 14 October 2015

New Zealand, Australia
NZD the early mover with a 50-odd point plunge as Reserve Bank of New Zealand Governor Wheeler spoke, saying (amongst other things) that further easing seems likely. The NZD/USD was marked a lot lower but came back just over half way quite quickly before trading back to its low. The rest of the session was spent in retracement mode, with the NZD/USD now higher than where it was before Wheeler began.