The New Zealand Dollar (NZD) against the US Dollar (USD) is expected to continue its downward trend, according to UOB Group. The currency pair, NZD/USD, is likely to decline further in the near future. This prediction is based on market analysis conducted by UOB Group.
Investors and traders should be prepared for a potential decrease in the value of the NZD relative to the USD. This could present trading opportunities for those looking to capitalize on the expected movement in the currency pair.
Overall, the outlook for NZD/USD is bearish, with UOB Group forecasting a continued decline in the pair. It is important for market participants to stay informed and monitor developments in order to make well-informed trading decisions.