Westpac update their NZD outlook - ConsultFX

Westpac update their NZD outlook

Westpac lowering their expectations for the New Zealand dollar citing familiar (by now) reasons:  Those first two points are also applicable to the AUD, and on the third there are arguments to lean that way also (but applied to the NZD they are stronger, hence the underperformance of the kiwi against the aussie)