The kiwi is expected to remain stubbornly strong for the rest of the year as enjoys the upbeat market mood following New Zealand’s success against coronavirus. Therefore, economists at ANZ Bank expect NZD/USD to trade near the 0.65 level in the coming months. Key quotes “Kiwi has found more support in the current market environment than we were anticipating. Partly it reflects the good news that we beat back Covid-19 and so are in a better position than most, but it is not good news for farmers as overseas returns are eroded by a stronger NZD in farmgate terms.” “We no longer anticipate a significant fall in the NZD in the months ahead. We now anticipate the NZD/USD pair will maintain a value of near 0.65 through into 2021.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Coronavirus update US: Confirmed COVID-19 cases in Florida increase by 4.6% FX Street 2 years The kiwi is expected to remain stubbornly strong for the rest of the year as enjoys the upbeat market mood following New Zealand’s success against coronavirus. Therefore, economists at ANZ Bank expect NZD/USD to trade near the 0.65 level in the coming months. Key quotes “Kiwi has found more support in the current market environment than we were anticipating. Partly it reflects the good news that we beat back Covid-19 and so are in a better position than most, but it is not good news for farmers as overseas returns are eroded by a stronger NZD in farmgate terms.” “We… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
