This week Morgan Stanley revealed that it expected the AUD/USD currency pair to drop to 0.67 in 2018 and to even lower levels in 2019, due to expected minimal interest rate rises. Yet with a trend for the New Zealand dollar to shortly follow behind the Australian dollar, our investing.com analysts have been quick to point out, that this time, it’s not going to happen.
Critical Levels Coming Up for AUD and NZD
About the Author: Adinah Brown
Adinah Brown is a professional writer who has worked in a wide range of industry settings, including corporate industry, government and non-government organizations. Within many of these positions, Adinah has provided skilled marketing and advertising services and is currently the Content Manager at Leverate.