- Analytics
- News and Tools
- Market News
- Westpac expects NZD / USD at 0.67 in 3 months
Westpac expects NZD / USD at 0.67 in 3 months
Inflation data in New Zealand released today disappointed investors, which led to a decrease of NZD / USD and although the pair is currently attempting to rise, sentiment remains bearish.
Westpac analists expects the New Zealand currency to remain under pressure as the situation in the economy of New Zealand will force the RBNZ to apply dowish signals and possibly to mitigate the monetary policy at the next meeting, which is scheduled for August 11th. Westpac expect a rate cut to 2.0%, as well as the fall of NZD/USD to $ 0.67 in the three-month term.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
