More from RBNZ's Wheeler: Cash rate likely to stay low

Reserve Bank of New Zealand Governor Wheeler speaking again, this time at a parliamentary select committee

• Cash rate likely to stay low
• Market got ahead of itself on OCR pricing

Meanwhile, NZD slowly dribbling lower

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Earlier from NZ:

Data: New Zealand Building Consents (permits) (Dec.): -7.2% m/m (prior -9.2%)

And, even earlier, the RBNZ announcement

• Analysts react to the RBNZ decision
• Live stream of the RBNZ press conference
• NZZDUSD initial move is lower after decision
• Full text of the RBNZ statement
• New Zealand dollar quickly lower on the OCR decision
• RBNZ holds rates at 1.75%, as expected
• & ... Wheeler's press conference, highlights here