OctaFX | OctaFX Forex Broker
Open trading account
Back

AUD/NZD: A tactical opportunity - ANZ

FXStreet (Guatemala) - Daniel Been at ANZ Research explained that AUD/NZD is a buy.

Key Quotes:

“In the near-term, the improvement in the Chinese growth dynamic provides an opportunity to tactically buy AUD”.

"Very conservative pricing in US rates makes the USD uncertain. The risk reward in the crosses is more appealing”

“Buy AUD/NZD with an initial target of 1.13”.

EUR/AUD a volatile piece of play on CPI

EUR/AUD is trading at 1.4501, up 0.13% on the day, having posted a daily high at 1.4538 and low at 1.4470.
Read more Previous

USD/JPY testing the downside but supported

USD/JPY is trading at 106.90, down -0.09% on the day, having posted a daily high at 107.13 and low at 106.85.
Read more Next
Start livechat