- Analytics
- News and Tools
- Market News
- NZD/USD: Year-end forecast lowered to 0.58 – Westpac
NZD/USD: Year-end forecast lowered to 0.58 – Westpac
The kiwi has fallen 13% since its peak in August, dropping below the 0.57 level. Subsequently, economists at Westpac have revised lower their forecast for the NZD/USD pair.
New Zealand dollar to lift against the USD in 2023
“We have lowered our forecast for the NZ dollar by year’s end from 0.63 to 0.58.”
“We still expect the New Zealand dollar to lift against the US dollar in 2023 but have lowered our forecast for the end of 2023 from 0.68 to 0.65.”
© 2000-2024. 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
