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FX analysis on the RBNZ: "NZD exchange rate ... a fairly weak warning"

Discussion in 'Fundamental Analysis' started by ForexLive, Mar 9, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Westpac again, this time with a comment on the NZD Quick take from WPACNZ's Imre Speizer (summary and bolding mine) Specifically on the currency: - The NZD , as it was in January, now reading: "The trade-weighted exchange rate is more than 4 percent higher than projected in December, and a decline would be appropriate given the weakness in export prices.".

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