The Kiwi dollar could slip towards the mid-0.6500 in the next sessions, according to Imre Speizer, Strategist at Westpac. Key Quotes “NZD/USD remains torn between the forces of easier RBNZ monetary policy and a reluctance to price much Fed tightening into the US dollar”. “Today’s OCR cut and signal that it should fall to 2.0% was helpful for our view that NZD/USD will fall to 0.62 by mid-year, but we really need a repricing of Fed Funds rate expectations to give us a high degree of conviction”. “Near term, momentum should take the pair lower to 0.6550 during the week ahead”. For more information, read our latest forex news.