NZD/USD: Steady into year-end and then a gradual climb in 2024 – ANZ
Economists at ANZ Bank expect NZD/USD to appreciate gradually.
Long-term fair value at 0.63
Our currency forecasts have the NZD/USD holding steady until the end of the year, and then gradually appreciating to 0.63 by the end of next year.
Our expectation for mild strength over 2024 remains guided by our fair value analysis, which puts long-term fair value at 0.63, and is further supported by our expectation of another OCR hike.
See: EUR/AUD to drop back to 1.59, AUD/NZD to edge towards 1.12 in a six-month view – Rabobank
Reprinted from FXStreet_id，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.