NZ fin min bullish on NZ economy

Today is a key day for the kiwi, with the Fed, GDT, GDP and just recently, the finance minister English who was speaking to a parliamentary committee and bullish on the economy.

English suggested that a weaker currency would bring inflation back into economy so long as the US continues to grow. He also explained that the RBNZ's inflation forecasts look credible and it doesn't look like NZ is at risk of deflation.