- Analytics
- News and Tools
- Market News
- NZD/USD: Latest losses seen as a mere correction – ANZ
NZD/USD: Latest losses seen as a mere correction – ANZ
FXStreet reports that economists at ANZ Bank discuss NZD/USD prospects.
“The Kiwi has made an about turn as the USD has stretched its legs amid higher interest rates and rallying equities, but it remains within well-established ranges. This recent fall is somewhat surprising given that the market has adopted the view that the RBNZ will be one of the earlier ‘hikers’ and given the performance of recent economic data. With that in mind, all eyes are on US employment data. Having not completely broken down, we’re more inclined to characterise the overnight as merely a correction.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
