Forex Flash: A good opportunity to long NZD/USD in 2013 – Westpac
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NZD/USD
FXstreet.com (Barcelona) - The Westpac FX Strategy team believe that now is a good time to go long NZDUSD on the economic rebound and subsequent RBNZ tightening.
They believe that New Zealand's recovery could gain momentum, leading to the RBNZ hiking rates in September 2013. Combined with QE pressure on USD, NZDUSD should make a run at the 0.8845 record high.
They believe that New Zealand's recovery could gain momentum, leading to the RBNZ hiking rates in September 2013. Combined with QE pressure on USD, NZDUSD should make a run at the 0.8845 record high.
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