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ASB expect "the NZD to oscillate in a 65 to....>

KIWI
KIWI: ASB expect "the NZD to oscillate in a 65 to 71 US cent range over the
forecast period. The more moderate profile for NZ interest rate increases and
the weaker outlook for the Chinese yuan have also seen us marginally scale back
our NZD forecasts against other NZD bilaterals. Nevertheless, the NZD TWI should
remain broadly supported by a solid growth outlook, our historically-high terms
of trade and upwardly-drifting NZ interest rates."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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