NZD/USD to advance nicely towards 0.71 by June – Westpac

Commodity prices have risen further and remain a powerful source of support for the kiwi. Therefore, economists at Westpac expect the NZD/USD pair to hit 0.71 by June.

NZD/USD to reach 0.70 during the month ahead

“Commodity prices should remain a major source of support this year.”

“Potential to reach 0.70 during the month ahead, and 0.71 by June.”