USD weakness pushes NZD/USD higher – BBH

NZD/USD is firmer on broad USD weakness, BBH's FX analysts report.

NZ-US 2-year bond yield spreads to weigh on NZD/USD

"The Q1 RBNZ survey of inflation expectations leaves plenty of room for the RBNZ to deliver a 50bps cut to 3.75% next week. Firms’ inflation expectations 2, 5 and 10 years out all dipped closer to 2%. NZ-US 2-year bond yield spreads can further weigh on NZD/USD."

Feb 13, 2025

USD/JPY: Likely to consolidate between 153.30 and 154.85 – UOB Group

US Dollar (USD) is likely to consolidate between 153.30 and 154.85. USD could continue to rise; overbought conditions suggest that any advance may not reach 155.80, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

USD/CNH: Likely to trade in a narrower range of 7.2500/7.3300 – UOB Group

US Dollar (USD) is expected to trade in a range between 7.3000 and 7.3200. In the longer run, outlook remains mixed, but USD is likely to trade in a narrower range of 7.2500/7.3300, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.