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CBA on the NZD - lowers 3 month forecast

From the Commonwealth Bank of Australia

  • They expect the Reserve Bank of New Zealand will cut rates at its June meeting
  • RBNZ concerns on the housing market - to intorcudece nw macroprudential measures this year
  • On the currency, forecast NZD/USD to 0.6850 in 3 months (prior forecast was for 0.6960)

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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