The NZD/USD pair is teetering just above 0.60 as the week draws to a close. Economists at ANZ Bank analyze Kiwi's outlook.
Mild gradual appreciation over 2023
Our forecasts still call for mild gradual appreciation over 2023. However, this expectation is predicated on the expectation that markets would gravitate back to fair value (which we see at around 0.65), and the risks are skewed toward that not happening, especially if FX markets continue to take a ‘Goldilocks’view of the US’ ability to tame inflation without causing a recession, which is the current vibe.
In the near term, a break of 0.60 would put the June low of 0.5985 in focus, and beyond that, the 2022 low of 0.5512.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
