ActionForex.com Forex Trading Portal with Forex News, Forecast and Analysis, Charts, Live Rates, Pivot Points, Education, Training, Ebooks Downloads
Dec 03 03:25 GMT
Sponsor
Forex Brokers
New Zealand Dollar/US Dollar Monthly Forecast Print E-mail
Long Term Forecasts |  Written by DailyFX |  Oct 04 08 08:13 GMT | 

New Zealand Dollar/US Dollar Monthly Forecast

New Zealand Dollar/US Dollar Long Term Technical Forecast

No change since last month: The NZDUSD top is also in place (notice divergence and the monthly close below the long term support line). For now, the minimum target is below .5927.

New Zealand Dollar/US Dollar Fundamental Outlook/Interest Rate Forecast

New Zealand's interest rate outlook is quite similar to that of Australia, and the New Zealand dollar stands to lose a substantial portion of its interest rate advantage against the US dollar and other forex counterparts. Indeed, the NZD-USD yield differential is predicted to shrink by 1.60 percentage points in the coming year-that which would leave the highly yield-sensitive NZD at a clear disadvantage through the medium/long term. Outlook for the New Zealand dollar remains bearish from an interest rate perspective.

Forex Sentiment and Positioning Outlook for the New Zealand Dollar/US Dollar

New Zealand Dollar Forecast to Recover on Forex Sentiment Extreme

DailyFX

Disclaimer

Investment in the currency exchange is highly speculative and should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only. Accordingly we make no warranties or guarantees in respect of the content. The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. Investors should obtain individual financial advice based on their own particular circumstances before making an investment decision on the basis of the recommendations in this website. While we try to ensure that all of the information provided on this website is kept up-to-date and accurate we accept no responsibility for any use made of the information provided. All intellectual property rights are the property of Daily FX. Daily FX and its affiliates, will not be held responsible for the reliability or accuracy of the information available on this site. The content herein is provided in good faith and believed to be accurate, however, there are no explicit or implicit warranties of accuracy or timeliness made by Daily FX or its affiliates. The reader agrees not to hold Daily FX or any of its affiliates liable for decisions that are based on information from this website. Daily FX highly recommends that before making a decision, the reader collects several opinions related to the decision and verifies facts from at least several independent sources.


Digg!Reddit!Del.icio.us!Google!Live!Facebook!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Squidoo!
 
Latest Long Term Forecasts
From Other Sections
Action Insight - Market Overview
Action Insight - Technical Outlook
Economic Calendar
Latest Forex Fundamentals
Latest Forex Technicals
Home | Advertising | About Us | Contact Us | Newsletter | Risk Warning | Privacy Policy | Disclaimers | Site Map | RSS | Search
ActionForex.com © 2008 All rights reserved.