Westpac Research notes:
NZD/USD 1 day: The multi-month downtrend remains intact, but this minor bounce could run to 0.6800 today.
NZD/USD 1-3 month: Our next major target is 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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FxWirePro: Daily Commodity Tracker - 21st March, 2022 



