New Zealand Dollar Outlook: UBS Raises NZD/USD Forecasts as US Dollar Weakens

  • UBS strategists have upgraded their NZD/USD forecasts across the board, reflecting a broader shift in the bank's US dollar view and firmer-than-expected domestic data. UBS now sees the kiwi at 0.60 by end-June (from 0.56), 0.61 in September (from 0.57), 0.62 in December (from 0.58), and 0.64 by March 2026 (from 0.60).