NZD/USD trips stops below 0.82 after RBNZ

NZD was initially sold but some strong demand was noted at the lows, following the RBNZ policy decision, in which the Central Bank stated that it is prudent to undertake a period of monitoring and assessment before considering further policy adjustment, although also noting that further policy tightening will be necessary.
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RBNZ: inflationary pressure less than anticipated

RBNZ Chief Wheeler, speaking at a press conference, said that inflationary pressure is less than the RBNZ anticipated, a comment that should be interpreted as a dovish sign, and therefore negative input for the NZD.
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