All eyes on the US after drop in New Zealand dollar
Imre Speizer says the New Zealand dollar is driven by the US dollar more than anything else at the moment.
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Westpac senior market strategist Imre Speizer says there is potential for a turnaround in the New Zealand dollar during the next week or two but all eyes are on the US.
The NZ dollar fell below 73USc for the first time in almost a week as faster wage growth in the US stoked inflation
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Dane Ambler
Mon, 05 Feb 2018
Mon, 05 Feb 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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All eyes on the US after drop in New Zealand dollar
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