The NZD/USD has surged above the 0.65 level, trading up +0.52% on Thursday as global risk sentiment has rebounded, dominating other global negatives such as second coronavirus waves or Sino-American issues. Economists at Westpac expect the kiwi to test 0.6585 next week. Key quotes “The rise in sentiment is fuelled by global government and central bank stimulus, and that factor appears to have dominated negatives recently, such as second Covid waves (including a few cases imported to NZ which may delay any border relaxations) and US-China tensions.” “NZD/USD has perked up over the past few days, following the rebound in equity markets. There’s potential to test 0.6585 during the week ahead.” “Should the NZD remain elevated, the implication is inflation forecasts will be subject to downgrades, in turn requiring further policy accommodation. That will be a negative story for the NZD early in 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 GBP/USD: Satisfactory NFP to keep cable on a positive note FX Street 3 years The NZD/USD has surged above the 0.65 level, trading up +0.52% on Thursday as global risk sentiment has rebounded, dominating other global negatives such as second coronavirus waves or Sino-American issues. Economists at Westpac expect the kiwi to test 0.6585 next week. Key quotes “The rise in sentiment is fuelled by global government and central bank stimulus, and that factor appears to have dominated negatives recently, such as second Covid waves (including a few cases imported to NZ which may delay any border relaxations) and US-China tensions.” “NZD/USD has perked up over the past few days, following the rebound in… 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.
