A quick note issued on the NZD from Westpac, dated April 3

  • The US dollar remains in a two-month old sideways range, which means further sideways ranging in NZD/USD is possible during the month ahead.
  • Further out, though, we are bearish.
  • The NZ-US interest rate advantage is rapidly shrinking and should eventually weigh, pushing NZD/USD towards 0.69 by mid-year

Earlier from NZ:


And, earlier from Westpac, this time an updated view for the AUD:

Oh, and still on the AUD, plenty to come today: