Sue Trinh Dollar Quotations

The outlook for rates is to the downside on the basis of the slowing growth environment. Any view that the relatively high nominal interest rate structure will be enough to insulate the New Zealand dollar is dead wrong.

As the final results are not confirmed, there is scope for the New Zealand dollar to be a little shaky on account of the perceived uncertainty. This is exactly what has happened.

The greatest challenges for the New Zealand dollar stem from a lack of upside in interest rates, a concession to slowing domestic growth.

It looks unlikely the Kiwi dollar will be able to attract significant inflows to offset the maturities.

The market will be dominated by developments with Hurricane Rita. The dollar will remain relatively weak.