The views of eight economists and strategists
The views of eight economists and strategists in a BusinessDesk survey were mixed, though none held any firm convictions for the kiwi's direction this week with so much event risk going on.
Two predict it will stay in its current range, two gave it a downward bias, two gave it an upward bias, while two others said there are too many uncertainties ahead of the Fed's announcement on Wednesday in the US.
Economists are betting the Fed will print between US$80 billion and US$100 billion a month up to a range of between US$250 billion and US$2 trillion, according to a Reuters poll.
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