Nzd usd

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Kiwibank Chief Economist Jarrod Kerr sees it at 55c by Christmas 2023. He might want to review his Target Price up though, seeing that the ANZ World Commodity Price Index gained 1.3% in September (ANZ chief economist Sharon Zollner's note out today) after trending lower for the previous three months. The lift, although modest, was BROAD_BASED with ALL MAJOR SECTORS, except horticulture, lifting. https://watermarker.singletrack.io/A...Headers%3Dhost

New Zealand is finally “winning the war” on inflation, Kiwibank chief economist Jarrod Kerr says, "no more rate hikes needed"
https://www.nzherald.co.nz/business/...DAQ6UH42OMYUQ/

Further rate hikes look to be off the table. The chance of any further rate hike dropped from around 84% to 40%, according to BNZ Bank's head of research, Stephen Toplis. A first-rate cut is now priced in for February 2025, a few months earlier than previously.
https://businessdesk.co.nz/article/e...paign=nzh-home

A strengthening economy can't have a weakening currency (for long).