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Feb 20, 2013
RBNZ Wheeler speech a wake-up call for Kiwi bulls - RBS
After today's RBNZ Governor Wheeler speech giving his views on the Kiwi, calling it "over-valued" and adding that the central bank is ready to intervene if necessary, the NZD has suffered more than 1/2 cent drop vs the USD.
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Feb 20, 2013
Forex: GBP/USD above 1.5420, off 7th consecutive daily lower low
Cable is currently at 1.5442 off recent session highs at 1.5451, finding resistance on previous Monday lows at about same levels that it trades now. Busy day ahead for the pair as BoE minutes will be out at 09:30 GMT, same time than UK claimant count change, expected to be the later better than the one from January. The pair is down so far -0.48% for the week.
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