GBP
3 MPC members voted to hike rate vs 1 in last BOE MPC
BOE keeps rate at 0.25%
Markets see 50% chance of rate hike within 12 months
PM May’s Conservatives and DUP deal postponed to next week due to London Tower Block fire
Brexit talks due to start on June 19th
NZD
Drop in building sectors booking during Q1 pulled down NZ GDP to 0.5% m/m, below 0.7% expectation
Long GBPNZD 1.7570
Stop 1.7410
TP 1.7835
3 MPC members voted to hike rate vs 1 in last BOE MPC
BOE keeps rate at 0.25%
Markets see 50% chance of rate hike within 12 months
PM May’s Conservatives and DUP deal postponed to next week due to London Tower Block fire
Brexit talks due to start on June 19th
NZD
Drop in building sectors booking during Q1 pulled down NZ GDP to 0.5% m/m, below 0.7% expectation
Long GBPNZD 1.7570
Stop 1.7410
TP 1.7835