AUD/NZD to break the 1.12 top seen in 2018 and reach new highs – SocGen
|AUD/NZD has been following a regular bullish trend since the end of last year. Economists at Société Générale expect the pair to reach new highs above the 1.12 top seen in 2018.
AUD/NZD to benefit from a rates differential switch
“As the RBNZ started to hike earlier than the RBA, the latter is now proving more aggressive in the catch-up, so that the rates differential is likely to switch soon in the favour of Australian rates.”
“AUD/NZD could break the 1.12 top seen in 2018 and reach new highs.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.