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- NZD/USD to continue its climb towards the 0.7300 mark – Westpac
NZD/USD to continue its climb towards the 0.7300 mark – Westpac
FXStreet reports that economists at Westpac expect the kiwi to reach the 0.7300 level.
“NZD/USD continues to break higher, 0.7270 to be tested next, en route to 0.7300. We would view any corrective pullbacks to 0.7150 as opportunities to buy for the medium term.”
“Further USD weakness is expected as the Fed remains defiantly accommodative, global growth improves further, and commodity prices continue to rise. With that backdrop, NZD/USD should rise to 0.76 by year-end.”
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