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Swiss franc likely to gradually depreciate against euro in coming months

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Australian economic growth recovers strongly in Q3 2020

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Reserve Bank of India likely to stand pat in December

U.S. Q3 economic growth unrevised in second estimate

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

U.S. vehicle sales fall again in November

Philippine central bank keeps interest rate unchanged at 2 pct

Gold recovers from previous day slide on stimulus hopes

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

Gold prices ease as vaccine hopes offset worries about second coronavirus wave

Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

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Daily outlook for NZD/USD

Wednesday, June 24, 2015 8:11 PM UTC

Westpac Research notes:

NZD/USD 1 day: Profit-taking appeared to set in overnight, suggesting 0.6815 is a base for now.

NZD/USD 1-3 month: Our immediate target is 0.6795, being the major low formed in July 2010. Below that there's 0.6560 which was a major low in May 2010. The two main factors expected to contribute to NZD/USD weakness during the next few months are RBNZ easing (the OCR falling to 2.75% or lower) and Fed tightening (FF mid-point to rise by 25bp in September).

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Daily outlook for NZD/USD

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