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Noticias de trading
15 Mar 2013
Forex Flash: NZD is on a slippery slope - HSBC
FXstreet.com (Barcelona) - David Bloom, Head of FX Strategy at HSBC feels that NZD is on a slippery slope.
He writes, “The NZD has fallen over 3% against the USD since its peak in February. However, the currency remains ‘overvalued’ on a valuation basis and words of warning from the RBNZ will likely limit upside potential. We suspect that there is further room for the NZD to fall in 2013.”
He writes, “The NZD has fallen over 3% against the USD since its peak in February. However, the currency remains ‘overvalued’ on a valuation basis and words of warning from the RBNZ will likely limit upside potential. We suspect that there is further room for the NZD to fall in 2013.”