The New Zealand Dollar seems poised to continue outperforming its haven-associated counterparts, on the back of better-than-expected economic data and a less dovish stance from the Reserve Bank of New Zealand. The RBNZ had been one of the more dovish central banks since the coronavirus crash in March, hinting at the imposition of a negative interest rate policy (NIRP) and potentially intervening in the FX market to stymie NZD’s recent appreciation. However, the implementation of these measures is beginning to look less probable after Assistant Governor Christian Hawkesby stated that “if the banks don’t like having a ... (full story)