FXStreet notes that NZD/USD stays positive for a sixth consecutive day and probes one week high around 0.6650. Economists at Westpac see potential for further gains above 0.6655.
“The recent 3c downward correction appears complete, and a rise towards the top of the range at 0.6800 is now in progress.”
“We still expect risk sentiment to remain elevated into year-end... and the USD to resume its weakening trend. That should see NZD/USD above 0.67 by year-end.”