The greatest challenges for the New Zealand dollar stem from a lack of upside in interest rates, a concession to slowing domestic growth.
More Quotes from Sue Trinh:
The outlook for rates is to the downside on the basis of the slowing growth environment. Any view that the relatively high nominal interest rate structure will be enough to insulate the New Zealand dollar is dead wrong.Sue Trinh
The market will be dominated by developments with Hurricane Rita. The dollar will remain relatively weak.
Sue Trinh
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