Danske Bank Forecasts Further Decline of NZD/USD in the Coming Year

Wednesday, 28 February 2024, 14:57

In a recent analysis by Danske Bank, the forecast indicates that NZD/USD is set to decline further over the upcoming year. This prediction follows the Reserve Bank of New Zealand's decision to maintain its Official Cash Rate (OCR) unchanged. Investors and traders are advised to closely monitor the currency pair amidst the evolving market conditions.
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Danske Bank Forecasts Further Decline of NZD/USD in the Coming Year

The Forecast by Danske Bank

In a recent analysis by Danske Bank, the prediction highlights that NZD/USD is expected to continue its downward trajectory over the coming year.

Reserve Bank of New Zealand Decision

The Reserve Bank of New Zealand (RBNZ) has opted to keep its Official Cash Rate (OCR) unchanged, impacting the value of the NZD/USD currency pair.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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