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AUD/NZD extending decline, targets 1.0437

AUD/NZD extending decline, targets 1.0437
New Zealand Dollar is clearly overwhelming its Australia counter part recently. AUD/NZD’s decline continues on expectation of diverging central bank policy paths, even though tightening is expected to in the early part of next year. While RBNZ’s terminal rate might be 5.50%, 4.00% looks a bit stretch for RBA based on current outlook. As for […] The post AUD/NZD extending decline, targets 1.0437 appeared first on Action Forex... Read More
Posted: Dec 7 2022, 13:31
Author Name: actionforex
Views: 111556

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