I posted the Reuters polling for the euro here earlier:
More from Reuters , this time on AUD and NZD:
AUD median forecast is for 0.75 in 3 months
- 0.77 1 year out
NZD median 0.69 in 3 months
- 0.7000 in 1 year
Reuters reporting comments on the currencies:
WPAC:
- "The AUD has appeared to be more sensitive than most to such trade headlines, so any AUD/USD rallies to the mid-$0.74s should struggle," said Sean Callow, a senior forex analyst at Westpac.
- "Then again the Aussie should already be pricing considerable risk over trade battles"
- "We see $0.7300 holding for now, with risks of a range break tilted lower."
NAB:
- "We don't think that the Bank will cut rates," said Ray Attrill, head of FX strategy at NAB.
- "But the near term risks slightly favour a rate cut given the escalation of trade tensions, the recent soft patch in GDP growth, the marked fall in business confidence and core inflation still sticky below the mid-point of the target range."
