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RNZ's Orr: NZ tightening cycle ‘is very mature’

The Reserve Bank of New Zealand's governor Adrian Orr has crossed the wires saying New Zealand's tightening cycle is very mature and has stated that there is still a little bit more to do in terms of tightening.

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USD/CAD ducks back below fresh cycle highs in the 1.3800s

At 1.3770. USD/CAD is up over 1.3% on the day as the pair tries to hold on to near the highs of the day at 1.3808 following a surge from the day's low
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GBP/USD comes under renewed pressure, testing 1.0680s

GBP/USD is down by over 1.5% on the day, but trading at 1.0698, it is well away from the lows of 1.0356 that were scored earlier in the session and re
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