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  • RBNZ Accidentally Leaked New Stimulus to Financial Firms Early

    From bnnbloomberg.ca

    New Zealand’s central bank said it accidentally disclosed sensitive information from its latest Monetary Policy Statement to a group of financial services firms before the official publication time last week. The information was in a letter sent to non-bank financial institutions 45 minutes before the official release of the policy statement at 2 p.m. on Nov. 11 in Wellington, the Reserve Bank said in a statement Wednesday. The letter confirmed the RBNZ’s decision to introduce a new round of monetary stimulus in the form of a Funding for Lending Program, but did not contain specifics, it said. “The limited ... (full story)

The way the NU ran up in the week prior to "the official publication" indicates that information was leaked earlier than they are admitting
This is it boys. the spike up to short NZD
not the first time rbnz screwed up.

previous screw up was attributed to staff members forgetting to update system to account for DST.
There was nothing unusual in the NU's move up

In fact the move up is clear indication of the Nu and AU Bull Trend

This is a non-news. Whether or not there was early release has no bearing on the NU movement. NU has been more volatile than the AU both inform each other. News release is hardly necessary for anyone to exploit the AU and NU movement for the next year.

They will both continue in bull trend
Quoting DonFF
There was nothing unusual in the NU's move up In fact the move up is clear indication of the Nu and AU Bull Trend This is a non-news. Whether or not there was early release has no bearing on the NU movement. NU has been more volatile than the AU both inform each other. News release is hardly necessary for anyone to exploit the AU and NU movement for the next year. They will both continue in bull trend
Why do you think they (NZ and AU) will continue in bull trend. I thought we should be expecting a dip/downtrend for both of them?
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