“NZD will probably come under pressure in the next few weeks”

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Eamonn Sheridan

A snippet from HSBC, with a view on the New Zealand dollar, looking for a lower kiwi in the weeks ahead citing “broad risk sentiment and shorter-term yield differentials.”

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Huh. Hardly an hour passes now without someone adding to the chorus of more Fed tightening coming. I mean, it is, but for positioning purposes the consensus is very, errr, consensusy (I know that’s not a word but you know what I mean, yeah?)

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