Keep Calm And Carry Kiwi. We Hit 58c, On Track For 57c... Will We Hit 55c?

The RBNZ will cut another 50bp cut in February, and another 25bp in either April or May. That’s fine. That’s priced. But it’s the inevitable move to 3% that’s not priced. And if we’re right, we’ll see the Kiwi currency crumble towards 55 ...