Breaking: RBNZ's Orr: RBNZ’s Orr: Today's decision doesn't rule out any future action, Kiwi weakest since Jan 2016

The Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr is on the wires now, via Reuters, speaking at the post-monetary policy press conference.

RBNZ stunned markets by delivering a bigger-than-expected cut of 50-pips, knocking-off the Official Cash Rate (OCR) to a record low of 1.00%.

Key Quotes:

Today's decision doesn't rule out any future action.