Stop hunting...

The truth is this is only matter of time when inflation explodes with such amount of printed money and they don't know when it will happen. There is no inflation mostly because of energy proces. The base effect will be less in 2016. Strong US dollar ...

@Forexgain What do you want them to say? We will cut the OCR at next meeting? Why they should wait in this case? Fundamentals are against long positions...but it seems some market players keep buying NZD no matter what...short term ...

yeah...

But it's not hawkish as well...they lowered their outlook...more on press conference...

yeah...sounds not very dovish to me as well

Hehe..if it would be that easy... Kuncung - How SNB will achieve this?

@HWDFX Explain why... Inflation because of vegatables? look at seasonal adjustment. NZD is at least short term overbought with Chinese GDP and production data coming on 19th...

After seasonal adjustment, the CPI rose 0.1 percent...

LOL x3

What a joke....heh...it will never end...

Did anyone notice revision for Q1? This time manipulation because of too high estimation for Q2. Be carefoul USD bears

EmptyEternit - I hope you're right! but in the meantime SNB won't change the trend unless the global economy will recover for good and apettite for risk will increase a lot.

Yeah right...there is almost nothing SNB can do...they won't win with big boys, but yes their economy will hurt because of the strong currency. They can cut interests rate even deeper but I doubt it will help in a long term... They could even ...