EURNZD and GBPNZD looks best and move most in a reversal

If RBNZ is the first of G10 countries to hike rates then EURNZD and GBPNZD might move a few hundred pips down because they have moved 1,000 pips against the nzd. Commensurately eur still mired in recession and ECB will be more dovish. Carney will finally show his dovish trait at BOE in the cominng weeks.