Kiwi outpaces itself. Forecast as of 28.12.2023

The RBNZ is surprised by both the record influx of migrants to the country and the GDP contraction in the third quarter. However, the NZDUSD rally is not based on confusing data. The pair is growing due to the risk appetite. Let’s discuss this topic and make up a trading plan.

Monthly New Zealand dollar fundamental forecast

While RBNZ officials are trying to understand the intricacies of macro statistics, NZDUSD is actively growing. The pair came as close as possible to the level of 0.64 predicted in early December. All thanks to the Fed, American stock indices, global risk appetite and… Read full author’s opinion and review in blog of #LiteFinance