RBNZ Governor Wheeler Speaks (NZD) – 10/12

What is it? Governor Wheeler is due to testify before the Finance and Expenditure Select Committee, in Wellington.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? December 10th at 7:10pm Eastern Time.

 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the NZD to rise.

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