spoteuro
Long

AUD Will Outperform NZD

FX:AUDNZD   Australian Dollar/New Zealand Dollar
67 0 2
(The Australian Dollar             will outperform the kiwi (NZD) for many reasons, the main one being that Central Banks will most likely continue with monetary easing during the next 12-24 months. Both economies will most likely continue to falter as global economic conditions stay stagnant or worsen. The AUD has been undervalued against the kiwi for more than one year and it saw the bottom at 1.00, stabilied at 1.05 and is now beginning to outperform. Increasing gold             prices will also help the AUD in the next 12 months as uncertainty will push people to safe haven assets such as gold             . This projection is 3-6 months, but may go on through the entire year due to volatility.
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