NZD/USD: Easing lockdown next week is promising – ANZ

Kiwi gets back above 0.60. The prospect of easing lockdown next week is promising as more sectors of the economy come back online, economists at ANZ Bank apprise.

Key quotes

“New lockdown level 3 rules will allow a lot of businesses to re-open if we can exit level 4 lockdown next week; with exports holding up that’s good news.”

“Easy monetary policy is a global phenomenon so we’re less concerned about that as a force.”

“Support 0.5850 Resistance 0.6170”