RBNZ's Orr says NZD is currently around a 'happy space', RBNZ easing bias remains in place
Reserve Bank of New Zealand Governor Adrian Orr comments
- Monetary policy easing bias remains in place for now
- Says softer economic conditions in US, Europe, China contributed to dovish tone
- says possibility Q1 inflation undershooting forecasts already factored in to bank's dovish bias
- Says NZ dollar currently around 'happy space'
Dovish RBNZ comments knocking a few points out of the kiwi.