New Zealand Dollar Forecasts Remains Bearish as Rate Cut Approaches

New Zealand Dollar Forecasts Remains Bearish as Rate Cut Approaches

A rise in risk aversion paired with a weakening interest rate outlook dragged the New Zealand dollar lower against the Japanese yen and the greenback this week, and the exchange rate is likely to fall further over the following week as the Reserve Bank of New Zealand is widely expected to lower the official cash rate by another 75bp to a record low of 2.75% in March. New Zealand Dollar Forecast Remains Bearish as Rate Cut Approaches

Fundamental Outlook For New Zealand Dollar: Bearish Link........