Swiss Economicblogs.org
The difference in macro outlooks means prospects are brightening for the New Zealand dollar against its Australian equivalent.At their February monetary meeting, both the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ) kept their official cash rates unchanged at 1.50% and 1.75% respectively.However, given our view that New Zealand’s economic fundamentals are better than Australia’s, the temporary weakness of the New Zealand dollar that stemmed from the forward...
Read More »Currency opportunities emerge Down Under
