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Westpac Look For Risk Sentiment To Support NZD/USD Into Year End

KIWI

Westpac note that "the recent $0.03 downward correction in NZD/USD appears complete, and a rise towards the top of the range at $0.6800 is now in progress. We still expect risk sentiment to remain elevated into year-end, supported by unprecedented global central bank and government stimulus, and the USD to resume its weakening trend. That should see NZD/USD above $0.67 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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