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Anz: the greatest threat to the United States will

2023-09-04

Sep 4 - The NZD/USD pair traded around 0.5947 in early trade on Monday after closing lower last week on the back of mixed US non-farm payrolls data. Anz said: "(new yuan to the dollar) short-term correlation is still high, considered in market economic growth prospects and the fed's policy, the dollar is still the focus." "The U.S. economy to a soft landing is one of the most important, the prospect of this role in the employment data, depicts a loose but there are still a flexible Labour market." Anz sees a soft landing in the US economy as the biggest threat to the NZD. The bank added: "the local factors is not outstanding, as parts of slowing economic growth, and worry about the fiscal outlook, market to reverse it'll take a lot of effort to market sentiment."

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