ANZ say NZ's economic outlook is looking a little brighter, which along with RBNZ capital reforms likely to be less of a headwind should give the kiwi a boost
- projects NZD/USD to 0.63 be the end of this year
- also at 0.63 cents in late March & June 2020
ANZ previously had the NZD at 0.59 by the end of March next year, 0.61 in June.
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Last week ANZ revised their their RBnz forecast from 3 rate cuts next year to only one (in May 2020).
