Forex Flash: RBA to cut in March; RBNZ to remain firm - NAB

FXstreet.com (Barcelona) - According to Skye Masters, Head of rate strategy at NAB, "while the Australian CPI print was low enough to open the door for the RBA to consider a February rate cut, we continue to look for the Bank to wait till March."

In New Zealand, Skye notes: "The market continues to price a 15% chance of a 25bps RBNZ cut by mid-year. We believe at next week's RBNZ meeting the Bank will try to play a very straight bat with no intention of influencing market pricing."