AUD and NZD 6 and 12 month forecasts

I published earlier what was expected from the Reserve Bank of Australia next week:

• RBA meeting next week – preview – Cash rate to remain unchanged

As part of the poll, Reuters asked for forecasts on the AUD. The median was:

• 0.67 in 6 months
• 0.68 in 12 months

And the forecast for the NZD:

• 0.61 in 6 months
• 0.63 in 12 months

This article was written by Eamonn Sheridan at www.forexlive.com.

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