NZD/USD to stay in the low 0.60 range in the early part of 2023 – ANZ NZDUSD AUDNZD Banks
NZD/USD is trading above the 0.63 level. In the early part of next year, economists at ANZ Bank expect the pair to remain in the low-0.60s.“We see some residual USD strength in the early part of 2023, keeping the NZD/USD in the low 0.60 range.”
“We expect New Zealand’s economic woes in the second half of 2023 to manifest primarily in NZD weakness against crosses, particularly AUD/NZD.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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