Elias Haddad, an analyst at Brown Brothers Harriman, pointed out that the New Zealand dollar briefly fell below the 200-day moving average today, due to mixed results from the Reserve Bank of New Zealand’s third-quarter inflation expectations survey. However, inflation expectations remain well-anchored, close to the 2% mid-point target. Given that inflation is still above target, domestic growth is stronger, and the policy interest rate is near the lower end of the neutral range, Haddad believe

Elias Haddad, an analyst at Brown Brothers Harriman, pointed out that the New Zealand dollar briefly fell below the 200-day moving average today, due to mixed results from the Reserve Bank of New Zealand’s third-quarter inflation expectations survey. However, inflation expectations remain well-anchored, close to the 2% mid-point target. Given that inflation is still above target, domestic growth is stronger, and the policy interest rate is near the lower end of the neutral range, Haddad believe

智通财经2026/08/13 12:31

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Brown Brothers Harriman analyst Elias Haddad pointed out that the New Zealand dollar briefly fell below the 200-day moving average today due to mixed results from the Reserve Bank of New Zealand's third-quarter inflation expectations survey. However, overall anchoring remains strong and close to the 2% midpoint target. Given that inflation is still above target, domestic growth is stronger, and the policy interest rate is near the lower end of the neutral range, Haddad believes there is reason for further rate hikes. In addition, the swap market has fully priced in 75 basis points of tightening, which is positive for the New Zealand dollar.

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