New Zealand Dollar Forecast: NZD/USD Up on Sentiment Recovery, OCR Bets 2021-07-21 23:00:00 Thomas Westwater, Analyst New Zealand Dollar, NZD/USD, AUD/NZD, Covid, Risk Trends, RBNZ - Talking Points New Zealand Dollar gains against most peers as global sentiment recovers RBNZ interest rate bets swing higher as Covid-related growth worries subside NZD/USD bounce puts psychological level back in focus as potential resistance Thursday’s Asia-Pacific Outlook Asia-Pacific traders will look to build on Wall Street’s upbeat session where stocks closed higher, extending a rebound into its second day after a broad risk-off move sank markets on Monday. The benchmark S&P 500 closed 0.82% higher on Wednesday, moving the index within 1% of last week’s all-time high. The foreign exchange market is reflecting the new round of buying, with the risk-sensitive New Zealand Dollar gaining against most of its major currency peers.