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NZD/USD: Bullish Prospects Amid Uncertainty
Although the past week was completely
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Although the past week was completely uninformative regarding fundamental indicators, it allowed adjustments to forecasts on economic growth, inflation, and the Reserve Bank of New Zealand's policy strategy based on new data.ANZ Bank revised its inflation forecast. Earlier, it had downgraded its projections for GDP growth, the labor market, and housing prices—each of which alone would be sufficient to expect a more aggressive rate-cutting stance from the RBNZ. On inflation, ANZ maintains a firm position that inflation is virtually under
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Kuvat Raharjo,
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