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Westpac Note Near-Term Downside Risk, But Still Target $0.7500 At End '21


Westpac note that "the next few weeks could see further weakness in NZD/USD, driven by a stronger dollar (due to the Fed's hawkish shift in June). But over the remainder of the year, we continue to expect global risk sentiment and commodity prices to remain elevated. We forecast $0.7500 by year-end."

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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