Westpac on NZD/USD and NZD/AUD (update views)

This via Westpac on the New Zealand dollar, dated October 4Its their point-of-view of 1 to 3 months:

  • If the RBNZ remains firmly on hold, as we believe, and the US dollar goes up on the tightening of Fed policy, then NZD/USD could fall as far as $ 0.70 by the end of the year.


  • September of the downward correction should give way to a resumption of the upward trend that began in June, and test 1.12, conditional to THE price of the basic products of the recovery and risk sentiment remains high.

WPAC in search of the past of the new zealand election swing to the other influences
Here is the daily AUD/NZD:

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