AUD AND NZD TO CONSOLIDATE BEFORE STRENGTHING THROUGH THE REMAINDER OF THE YEAR – CIBC

avatar
· 阅读量 51


AUD and NZD have both made strong starts in 2023. Economists at CIBC Capital Markets expect Antipodeans currencies to stabilize before staging another leg higher.

Early year gains face near-term headwinds

“The current outlook is for some consolidation in both AUD and NZD before gains through the remainder of the year. The near-term prompt for that is a retracement and pause being seen in USD/CNH.”

“In the medium-term, the leverage of both the AUD and NZD to a significantly more constructive China outlook than previously anticipated is real, and is more so for AUD.”

“Q1 2023: 0.68 | Q2 2023: 0.69 (AUD/USD)”

“Q1 2023: 0.63 | Q2 2023: 0.63 (NZD/USD)”

风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

喜欢的话,赞赏支持一下
回复 0

暂无评论,立马抢沙发

  • tradingContest