Kiwi Will Outpace Euro on Widening Rate Gap, Strategists Say

New Zealand’s dollar is set to rise to the strongest in more than a year against the euro due to expectations the local central bank will outpace its European peer...

By David Finnerty · Bloomberg Markets

New Zealand’s dollar is set to rise to the strongest in more than a year against the euro due to expectations the local central bank will outpace its European peer in raising interest rates, according to strategists.