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Westpac write: "The 4c decline in Jan and......>

KIWI
KIWI: Westpac write: "The 4c decline in Jan and Feb could run further to $0.6200
if coronavirus uncertainty does not abate. If it does abate, then a fresh rally
towards $0.6500 should ensue. The NZ economy is expected to outperform the US's,
and the Fed is expected to cut its policy rate several times later this year,
pushing NZ-US yield spreads higher."
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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