Kiwi hit by the truth. Forecast as of 28.06.2023

Unlike the Fed, which expresses confidence in the soft landing for the US economy, the Reserve Bank of New Zealand has been more sincere, claiming that a recession is needed to press down inflation. How did it affect NZDUSD? Let us discuss the Forex outlook and make up a trading plan.

Monthly New Zealand dollar fundamental forecast

The three largest banks in New Zealand predict that even if its economy manages to get out of a technical recession, it will soon plunge into a new recession. The full effect of the 525-basis-point rate hike has yet to come and will… Read full author’s opinion and review in blog of #LiteFinance