Forex Flash: NZD/USD holding above 0.8000 for all of 2013 - BNZ
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NZD/USD
FXstreet.com (Barcelona) - The Kiwi outlook for 2013 is not far different from last year, says Craig Ebert, analyst at Bank of New Zealand, who expects "stubborn strength in the NZD to continue, albeit with most of the year characterised by range-trading rather than strong trends" he notes.
"Our forecasts have the NZDUSD holding above 0.8000 for all of 2013, with 0.8100 expected for year end. We see the risks around these forecasts as skewed to the upside over the first half of 2013, and to the downside over H2" the analyst adds.
"Our forecasts have the NZDUSD holding above 0.8000 for all of 2013, with 0.8100 expected for year end. We see the risks around these forecasts as skewed to the upside over the first half of 2013, and to the downside over H2" the analyst adds.
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