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- AUD/NZD seen lower at 1.01 in six months – Goldman Sachs
AUD/NZD seen lower at 1.01 in six months – Goldman Sachs
FXStreet reports that analysts at Goldman Sachs offer their view on AUD/NZD.
“Our economists also revised their forecast to include a RBNZ 25bp hike at each of the next (and last) three meetings of 2021, now roughly in line with market expectations. But we maintain a more hawkish RBNZ view than the market in the medium-term, especially relative to the RBA, where our policy rate forecasts are more dovish than the path currently priced. We see further room for downside in AUD/NZD, and reiterate our forecast of 1.01 in 6 months.”
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