NZD/USD: Potential for a rebound to the 0.7000- 0.7050 area – Westpac

NZD/USD has fallen over 5 cents since mid-April and is now slightly stretched from a technical perspective and there is potential for a rebound to the 0.7000- 0.7050 area during the week ahead, if the US dollar stalls, according to Imre Speizer, Research Analyst at Westpac. Key Quotes “Market pricing for the RBNZ has now […]

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