AUD/NZD expected to move higher towards 1.10 – TDS

FXStreet (Barcelona) - Strategists at TD Securities expect AUD/NZD to move higher towards 1.10 by the middle of June.

Key Quotes

“With the RBNZ’s clear easing bias standing out like a sore thumb, our bias is skewed towards long AUDNZD heading into June 11th. We see the risk of a squeeze higher to 1.10 by the middle of the month.”

USD/JPY reaches highest level since June 2002

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