Apr 22, 2013
Forex Flash: NZD/USD heading down to 0.8230 in next few weeks – Westpac
According to Global FX Strategist Sean Callow at Westpac, “We see the NZD/USD heading down to at least 0.8230 during the next few weeks.” In terms, of NZ swaps, the near term momentum is negative, suggesting a further decline to the 2.75%-2.80% area is on the cards, the RBNZ meeting on Wednesday a potential catalyst.
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