The NZ dollar: brave or just insane? Forecast as of 11.07.2023

The Reserve Bank of New Zealand was among the first ones to start tightening and finished it in May. Did it? Won't it need new cash rate hikes? Let’s discuss it and make a trading plan for the NZDUSD.

Monthly fundamental forecast for the NZ dollar

When the Reserve Bank of New Zealand announced in May that rates would not rise further as slower demand and migration would get inflation back to the 1-3% target, the NZDUSD collapsed to the lowest since November. Still, no one knows how prices will move in the future. Being confident about the end of… Read full author’s opinion and review in blog of #LiteFinance