OctaFX | OctaFX Forex Broker
Open trading account
Back

AUD/NZD: what is the outlook? - Westpac

Analysts at Westpac offered their outlook for the antipodean cross and rates.

Key Quotes:

"AUD/NZD 1 day: Taking a breather 1.1000 and 1.1100.

AUD/NZD 1-3 month: A resumption of the trend rise which started in June should test 1.13, contingent on AU economic data remaining supportive, commodity prices recovering, risk sentiment remaining elevated, and NZ politics weighing on the NZD. (25 Oct)

AU swap yields 1 day: The 3yr should open around 2.02%, the 10yr around 2.78%.

AU swap yields 1-3 month: Our RBA outlook (on hold throughout 2018) is anchoring short-maturity interest rates and should keep 3yr swap rates in a 1.80% to 2.30% range, as long as core inflation remains below 2%. Longer maturity rates will largely follow US rates. (4 Oct).

NZ swap yields 1 day: NZ 2yr swap rates should open 1bp higher at 2.18%, the 10yr up 2bp at 3.18%, in response to AU and US interest rates movement overnight.

NZ swap yields 1-3 month: Our RBNZ outlook (on hold throughout 2018) is anchoring short-maturity interest rates and should keep 2yr swap rates in a 2.10% to 2.50% range, as long as inflation remains below 2%.  Longer maturity rates will largely follow US rates. (4 Oct)"

NZD/USD has underperformed, headed lower? - ANZ

Analysts at ANZ explained that despite a bounce in risk sentiment, the NZD has underperformed. Key Quotes: "Despite a bounce in risk sentiment, the
Read more Previous

NZD/USD: bears are in control eyeing Nov lows

NZD/USD has been carving out the downside below short-term MAs on the hourly and 4-hourly time frames. Currently, NZD/USD is trading at 0.6850, down -
Read more Next
Start livechat