Thursday, February 2, 2023
Home Central Banks Foreign exchange Information 3 Causes The NZD Is Going To Dip Earlier than Heading In direction of 0.66 | Forexlive

Foreign exchange Information 3 Causes The NZD Is Going To Dip Earlier than Heading In direction of 0.66 | Forexlive

by Matthieu MABIN
0 comment
forex-news-3-reasons-the-nzd-is-going-to-dip-before-heading-towards-0.66-|-forexlive

Preview Mode

forexlive.com

ADVERTISEMENT – CONTINUE READING BELOW

> 3 causes the NZD goes to dip earlier than heading in the direction of 0.66

Eamonn Sheridan - WatanNews

Eamonn Sheridan

Wednesday, 24/08/2022 | 20:54 GMT-0

24/08/2022 | 20:54 GMT-0

Westpac with a pithy view on the New Zealand greenback out to year-end:

  • The subsequent few months stay a minefield for danger sentiment, with world central financial institution tightening, recession dangers, and geopolitical tensions as backdrops.
  • The 0.6060 degree is weak. However by year-end, if sentiment stabilises, there’s potential for the NZD to rebound in the direction of 0.66. By then, the Fed story must be absolutely priced into the USD.

—-

ICYMI, Federal Reserve Chair Powell is talking Friday, US time. Be ready for a risky one on Friday. Previews of what he’ll be saying:

The Federal Reserve Financial institution of Kansas Metropolis’s central financial institution symposium is at Jackson Gap is August 25-27.

The subject this yr is: “Reassessing Constraints on the Financial system and Coverage”

ADVERTISEMENT – CONTINUE READING BELOW

Tags

ADVERTISEMENT – CONTINUE READING BELOW

Most Fashionable

You may also like

logo-white

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites. Buy Soledad now!

u00a92022 Soledad, A Media Company – All Right Reserved. Designed and Developed by Penci Design

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy