FX Analysts from the world’s top banks give their opinions below on what 2018 might bring for the New Zealand Dollar, otherwise known as the Kiwi.
An A-list appointment to head the RBNZ, higher public spending and rising inflation may not be enough to make up for a fading carry trade and continued political risk next year.
The New Zealand Dollar has weakened after the first budget of the recently elected government, despite generous spending promises, but the charts indicate the currency may yet recover.
The New Zealand Central Bank has the power to influence the exchange rate to a considerable degree, although analysts are divided as to whether it will when it meets on Wednesday.
Only time will tell whether Peters’ statements mean an NZ First and Labour coalition, under the stewardship of newly minted Prime Minister Jacinda Ardern, will step back from the policies markets have feared the most.
The most likely outcome of the election is a coalition between the largest party, the Nationals, NZF and ACT - and on the margin this would be the better outcome for the New Zealand Dollar.
Rising political risks have recently weighed on the New Zealand Dollar and some analysts see potential for further downside.
The New Zealand Dollar (Kiwi) is at risk of weakening due to political risks, say analysts at Credit Suisse.
A multitude of indicators are showing the New Zealand Dollar is probably peaking, says BNZ's Jason Wong.
The Reserve Bank of New Zealand (RBNZ) meets on Wednesday to decide policy, which could impact on the New Zealand Dollar.
NZD/USD is describing a 'V' shaped price action over the last 24-hours as varrying factors have impacted on the currency pair
The New Zealand Dollar has been one of the strongest G10 currencies over recent years but its days as top dog may be numbered.
The New Zealand Dollar is currently has been one of the best-performing currency in G10 over the course of the past month, but analysts at JP Morgan warn they don’t see the good times lasting and adopt a contrarian stance to future expectations.
The New Zealand Dollar (Kiwi) has been one of the strongest currencies of late but its fortunes could be about to change.
The New Zealand Dollar or Kiwi as it is known is likely to be the passive partner in currency pairs for the foreseeable future, says analyst Honglin Jiang of investment bank Credit Suisse.
TD Securities have released their latest set of forecasts in which they have promulgated their FX vision for the next two years.
The New Zealand Dollar is undervalued and vulnerable to a rebound, says BNZ’s Jason Wong.
Morgan Stanley (MS) have provided their view of G10 currencies at the current juncture.
The New Zealand Dollar moved slightly lower versus the Dollar and the Pound after the release of Global Dairy Trade (GDT) Prices on Tuesday. GDT prices are fixed at a bi-weekly global auction of a variety of Dairy products, the largest of which is dried whole milk.
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