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US dollar/New Zealand dollar analysis and forecasts 30th April 2010
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Market analysis
The Reserve Bank is likely to start raising interest rates from the middle of 2010 which will provide some degree of yield support for the New Zealand dollar. The net risks still pint to a weaker currency given that it is over-valued at current levels.
Forecasts:
| Currency | Spot (30/04) | 1-month forecast | 3-month forecast | 6-month forecast |
| NZD/US$ | 0.7270 | 0.7200 | 0.7050 | 0.6800 |
For Sterling/New Zealand forecasts, please see Sterling cross rates