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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. ....

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