- Analytics
- News and Tools
- Market News
- NZD/USD: Higher short-end rates underpins the kiwi – ANZ
NZD/USD: Higher short-end rates underpins the kiwi – ANZ
FXStreet reports that strategists at ANZ Bank discuss NZD/USD prospects
“Higher short-end rates (in turn a reflection of expectations of earlier OCR hikes) are helping support the kiwi’s rebound off-post-FOMC lows. While we expect that to continue, it’s likely to be a slow grind.”
“Wellington remains in Level 2 (which has been extended by a further 48hrs), but with no cases yet, markets are taking a glass-half-full view and it has not affected the NZD. But it isn’t over yet: the situation over the Tasman is more severe. While it doesn’t directly affect the NZD much, it could via its correlation with the AUD, and via the knock-on impact on the trans-Tasman travel bubble.”
© 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
