The Australian Dollar / New Zealand Dollar cross represents the two Australasian currencies, which often trade similarly against other currencies due to the similar geographical locations and high rollover rates. Therefore, the cross moves on the actual changes in the local economies, and is not heavily affected by risk-trends or global factors. Commodity exports represent a significant segment of both economies with Australia shipping energy products and ferrous metals; while New Zealand is more known for its export of wool, meat and milk.


AUD/NZD Topside Targets Remain in Focus Ahead of RBNZ Rate Decision

The Reserve Bank of New Zealand (RBNZ) interest-rate decision act as a near-term catalyst to spur a further advance in AUD/NZD should Governor Graeme Wheeler show a greater willingness to further embark on the easing cycle.
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David Song   

Currency Analyst

My Picks: Bullish AUD/NZD
Expertise: Fundamental and Technical
Average Time Frame of Trades : 2 - 10 Days

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