NZD/USD fell around 200 pips as the Reserve Bank Governor signaled possible intervention. “Unjustified and unsustainable are important considerations in assessing whether exchange-rate intervention is feasible,” Wheeler said in an unscheduled statement. “Another consideration is whether conditions in the foreign exchange markets are conducive to intervention having an impact on the exchange rate.” RBNZ Governor… Continue reading NZD/USD Falls As Reserve Bank Governor Signals Possible Intervention