Nothing like a good old fashioned ‘risk-on’ vibe to lift the Kiwi off the floor, economists at ANZ Bank apprise.
Key quotes
“In broad-brush strokes, we’re still in a 0.59/0.60 range and it’s difficult to see that changing ahead of next week’s key MPS/Budget duo, of which all things macro will hang.”
“Unconvinced about the risk recovery, but we’ll see.”
“Support 0.5850 Resistance 0.6170.”
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