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24.3.21 17:43_AUD/NZD_LONG

AUD/NZD Long. AUD / NZD targets 1.10. Westpac economists expect the pair to find support above 1.0650, while seeing room for running above 1.10. “The yield forecast for farmers in New Zealand has been revised higher following the recent rise in auctioned milk prices, but even better, prices and volumes of key export commodities in Australia have a greater drive. Indeed, Australia has recorded trade surpluses for at least 3 years and, unlike persistent NZ deficits, has trade surpluses.


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