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AUD/NZD, NZD/USD Forecast: Oil, Rates And Risk Appetite Back In Focus
Both NZD/USD and AUD/NZD have moved largely as anticipated over the past week, with the Kiwi outperforming after the RBNZ's hawkish hold while AUD/NZD reversed sharply lower. With Australian GDP due later today and markets continuing to reassess the implications of elevated oil prices, strong US labour market data and shifting rate expectations, the focus now turns to where the next opportunities may lie. One of the more interesting developments over the past week has been the strength of the relationships emerging between both pairs and several key macro drivers. Looking at the matrix above, AUD/NZD appears much ... (full story)
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- Jun 2, 10:13pm | 19 hr ago Posted byTechnical Analysis938
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