Free Trial

Ahead of today's RBNZ MonPol decision..........>

KIWI
KIWI: Ahead of today's RBNZ MonPol decision Westpac noted that "the recent run
of NZ economic data has been strong, and speculators are extremely short NZD.
That should propel NZD/USD higher near term, to 0.6850. Multi-month, though, our
expectation that the US dollar will continue to strengthen, as the Fed hikes
four more times over the next year, should see NZD/USD retesting 0.6425."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.