AUD and NZD forecasts for six and 12 months out

I posted earlier on what was expected from the Reserve Bank of Australia next week:

• RBA meeting next week – preview – Cash rate to remain unchanged

As part of the polling Reuters asked for AUD forecasts. The median was:

• 0.67 in 6 months
• 0.68 in 12 months

And NZD forecasts:

• 0.61 in 6 months
• 0.63 in 12 months

This article was written by Eamonn Sheridan at www.forexlive.com.