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Westpac Looking For A Move Higher In NZD/USD In The Coming Months

NZD

Westpac note that “since the Ukraine war started, commodities have accelerated higher, boosting commodity currencies such as the NZD. Commodity prices should remain a major source of support this year. NZD/USD has the potential to reach $0.7000 during the month ahead, and $0.7100 by June.”

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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