The New Zealand Dollar (NZD) has strenghtened as investors bet on rate hikes.
ANZ forecasts the Reserve Bank of New Zealand (RBNZ) to raise the cash rate to 6% by April, with rate hikes expected in both February and April.
NZD Outperforms on Rate Hike Bets
- NZD gains support as investors speculate on rate hikes by the Reserve Bank of New Zealand. ANZ predicts cash rate to reach 6% by April.
