NZD/USD Price Analysis: Bears eye a move to test 0.6200 for teh days ahead NZDUSD Technical Analysis
However, market expectations for the peak in the Fed funds rate up around 30bp since the data and the technical outlook show a broken down market on the charts with structures being broken.edged up to 3.4% in the 4th quarter of 2022 from 3.3% in the 3rd quarter, bolstering bets that the central bank will shift to a less aggressive stance. Annual inflation also jumped to a near 3-decade high of 7.2% in the December quarter but below the Reserve Bank of New Zealand's 7.5% projection.
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