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New Zealand Dollar Fundamental Forecast: Bearish

  • Despite stock market selloff, New Zealand Dollar appreciated as US Dollar fell short
  • NZD may look past upbeat domestic inflation data to focus on Fed speech next week
  • Signs of a hawkish Fed may reignite gains in USD despite stock losses, hurting NZD
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We just released our 4Q forecast for equities, which may impact NZD, in the DailyFX Trading Guides page

Despite an aggressive global market selloff, in which the S&P...

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Author:Daniel Dubrovsky, Junior Analyst