USD weakness pushes NZD/USD higher – BBH

NZD/USD is firmer on broad USD weakness, BBH's FX analysts report.

NZ-US 2-year bond yield spreads to weigh on NZD/USD

"The Q1 RBNZ survey of inflation expectations leaves plenty of room for the RBNZ to deliver a 50bps cut to 3.75% next week. Firms’ inflation expectations 2, 5 and 10 years out all dipped closer to 2%. NZ-US 2-year bond yield spreads can further weigh on NZD/USD."