NZD/USD to see a period of ranging between 0.62 and 0.66 – Westpac

NZD/USD has found dcent support at 0.62. Economists at Westpac expect the pair to range between the latter and the 0.66 mark multi-week.

Kiwi to hit 0.69 by year-end 

“NZD/USD has established decent support around 0.62 over the past month, and a period of ranging between there and 0.66 is expected over the next few weeks.”

“By year-end, we expect to see NZD/USD above 0.69.”

 

USD/JPY to race higher towards the 137 mark – Westpac

USD/JPY is moving sideways near 135 at the start of the new week. Economists at Westpac expect the pair to reach the 137 level in the near-term. JPY’s
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USD/JPY could hit 140 if US yields move higher – Rabobank

In the view of economists at Rabobank, the risk of USD/JPY pushing to 140 in the short-term is highly dependent on US yields. Therefore, upticks in US
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