NZD/USD could drop towards 0.6100 over three months – Rabobank NZDUSD Banks Currencies DollarIndex
Key quotes“We expect the USD to remain well bid on the back of safe haven demand despite speculation that the market may have over-estimated the extent of“In our view, USD strength is likely to push NZD/USD back towards its recent lows in the 0.61 area on a 1-to-3-month view.”
“We expect USD strength to turn around on a 6-month view allowing NZD/USD to recover to the 0.64 region.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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