The New Zealand dollar is expected to remain subdued in the near term as global trade tensions and a sluggish domestic recovery weigh on sentiment, ASB says in a new quarterly forecast update.
It looks as though GBP/NZD wants to print new highs.
Analysts at Bank of America think the NZ Dollar will continue to underperform.
The Pound is forecast to maintain a constructive trade against the New Zealand Dollar in the short term.
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