#AUDNZD @ 1.06752 Policy convergence should eventually benefit – Goldman Sachs

…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]

Economists at Goldman Sachs preview the Reserve Bank of New Zealand (RBNZ) meeting in May and see AUD/NZD on a higher trajectory through the end of the year.

“While it is a close call, we now expect the RBNZ to hike the Official Cash Rate (OCR) by 25 bps at its May meeting (previously on hold) before leaving rates on hold for the remainder of this year at 5.5%.”

“We continue to think that policy convergence should eventually benefit AUD/NZD, as we expect an additional hike from the RBA in July, while pricing for the upcoming RBNZ meeting seems less likely to be realized.”

[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group