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    NZD/USD to push higher to 0.6500 on a 12-month view – Rabobank

    Fonte Fxstreet
    22/02/2024 07:27

    Economists at Rabobank have edged up their 12-month NZD/USD forecast to 0.6500.

    RBNZ policy will be slow to remove policy restrictions

    We have tweaked our NZD/USD forecasts, revising our 1-and-3-month forecasts to 0.6100 and 0.6200 respectively from 0.6000.

    While the NZD would likely sell-off on a steady policy announcement next week, downside potential for the Kiwi should be limited by the perception that the RBNZ policy will be slow to remove policy restrictions.

    On the view that the RBNZ will lag the Fed’s first rate cut announcement, we see scope for NZD/USD to push higher to 0.6500 on a 12-month view.

     

    Isenção de responsabilidade: Apenas para fins informativos. O desempenho passado não é indicativo de resultados futuros.
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