The kiwi continues to strengthen raising concerns among government officials. Retail sales is the major event this week. Here’s an outlook for the events in New Zealand, and an updated technical analysis for MZD/USD The central bank of New Zealand maintained its benchmark interest rate at 2.50% despite signs of inflationary pressures from an expected GDP expansion, making rate hikes inevitable in the next two years. Will the central bank increase rates next time? Let’s Start: NZD/USD daily chart with support and resistance lines on it. Click to enlarge:NZD USD Chart June 13 17 REINZ HPI: Sunday, 23:00. New Zealand ... (full story)