AUD is expected to reach 0.72 in 3 months

9 Jan 2019 08:53 AM

The most recent Reuters survey of 53 economists said the AUD/USD is likely to reach 0.73 in three months at 0.74 within 12 months and settle in the near term, especially within a month at 0.71.

On the other hand, polls indicated that the NZD is likely to reach 0.67 in three months and 0.70 in a year.

Surveys showed that trade friction between US and China would boost the value of the Australian dollar. And that the fate of the Australian and New Zealand dollars remain dependent on the latest agreement between the two countries.

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