AUD/NZD to eventually hit 1.14 on more dovish RBNZ – Westpac
Is AUD/NZD a runaway train that has left the station?
They see the pair moving to 1.11 from current levels and then to 1.14 some months from now. Though noting that the risk is that the next Australian jobs report in August could show some "collateral damage from the south" – referring to the Melbourne lockdown.
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