Due to the lack of firm trend trading signals in the global market, the New York dollar is expected to remain in a“holdLive mode.

according toFX678Observing, the bank pointed out that the slowdown in the growth of cyclical sectors in the New Zealand economy, as well as the view of the New Zealand Federal Reserve that the New Zealand dollar exchange rate affects New Zealand inflation, are enough to reduce the rise of the New Zealand dollar. Will the New York dollar continue to decline? Based on the following reasons, the bank believes that the answer is negative:
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ANZ: New York materials are still in use“hold"Live" mode, looking at the end of the year0.68

1The domestic economic outlook in New Zealand has not gradually weakened, and its economic growth is moderate due to limited production capacity rather than weak domestic demand;
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2The performance of commodity prices remains strong;

3The gradual recovery of core and overall inflation in New Zealand may support further interest rate hikes by the Federal Reserve of New Zealand. New Zealand Federal Reserve or2019Starting a tightening cycle every year seems too distant for the market, and current investors expect it to accelerate the pace of interest rate hikes;

4The political situation in New Zealand remains stable;
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5New Zealand's financial support remains strong.

Huitong Network pointed out that the bank stated that due to the lack of domestic factors dominating the New Zealand dollar trend, it still focuses on international factors. The goals for the New Zealand dollar to the US dollar at the end of the first quarter, the end of the second quarter, the end of the third quarter, and the end of the fourth quarter are as follows:0.72、0.70、0.69and0.68。