This via Westpac on the New Zealand dollar, dated October 4
Its their view out 1 to 3 months:
NZD/USD:
- If the RBNZ remains firmly on hold, as we expect, and the US dollar rises on tighter Fed policy, then NZD/USD could fall as far as 0.70 by year end.
AUD/NZD:
- September's downward correction should give way to a resumption of the trend rise which started in June, and test 1.12, contingent on AU commodity prices recovering and risk sentiment remaining elevated.
WPAC looking past the NZ election wobble to other influences
Here's a daily AUD/NZD:
