BNZ NZD/USD year-end forecast is 0.7600 (but could go even higher)

A snippet from BNZ's latest on the New Zealand dollar.

  • we expect NZD/USD to push higher through the rest of the year
  • We still conservatively target 0.76 by year-end

However says BNZ, the kiwi $ could go even higher

  • with a path towards 0.80 not particularly onerous

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NZD/USD has tracked more or less sideways since January:

A snippet from BNZ's latest on the New Zealand dollar.
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