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Westpac Look For NZD/USD To Hit 0.7200 By Year End

NZD

Westpac note that "multi-month we expect risk sentiment to remain elevated into year-end (supported by unprecedented global central bank and government stimulus, and vaccine development) and the USD to weaken further. In addition, the NZ economy's performance since Covid has been impressive, providing fundamental support for NZD outperformance. NZD/USD targets 0.7200 by year end."

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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