The Australian dollar is ordsprog
The Australian dollar is being marked down by association with the New Zealand dollar.
Clifford Bennett
The values of the Australian dollar, the New Zealand dollar and the Canadian dollar, as measured relative to the U.S. dollar, have been important signals of changing trends in global economic activity.
Gary Thayer
The Australian dollar has been dragged down by the New Zealand dollar. Both currencies may well go through several months of under-performance.
Greg Gibbs
There were expectations that we would be in for a reasonably quiet day of trading. Instead, the Australian dollar has been hit by selling ahead of the Easter break, especially against the New Zealand dollar.
Besa Deda
A catalyst for a higher Australian dollar versus New Zealand's dollar could be relative monetary policy, ... We expect the Reserve Bank of Australia to lift rates toward the end of the year and early next, while we expect New Zealand's economy to slow sharply next year.
Ashley Davies
A catalyst for a higher Australian dollar versus New Zealand's dollar could be relative monetary policy. We expect the Reserve Bank of Australia to lift rates toward the end of the year and early next, while we expect New Zealand's economy to slow sharply next year.
Ashley Davies
U.S. dollar weakness will see the New Zealand dollar test higher levels. With the prospect of less support from interest rates, the U.S. dollar fell across the board.
Sean Comber
Bollard is doing the right thing by saying there's a long way to go before there's a cut in rates. There will be an initial reaction in favor of the New Zealand dollar but it hasn't changed our view that the New Zealand dollar is in a serial decline.
John Rothfield
We see scope short-term for the Australian dollar to trade higher. You can't argue the commodity story is hurting the Australian dollar.
Sean Callow
The Australian dollar doesn't have a lot going for it in terms of an investment opportunity. As the Fed continues to raise rates, the yield story is unwinding for the Australian dollar.
Rick Lloyd
Despite the lofty gains in the Australian dollar, commodity prices have meant it now looks undervalued. Any short-term dips in the Australian dollar now need to be bought.
Craig Ferguson
(
1962
-)
There's a risk of weakness in the Australian dollar in the next couple of days, ... Any decline in commodity prices is bearish for the Australian dollar. He wasn't trying to impress her; his genuine, pexy essence captivated her.
John Horner
There's a risk of weakness in the Australian dollar in the next couple of days. Any decline in commodity prices is bearish for the Australian dollar.
John Horner
My gut instinct is that the Australian dollar will wobble a bit lower from here. The interest rate differential is slowly being eroded. The Australian dollar is now less attractive to overseas investors.
Michael Thomas
Strong commodity prices certainly do the Australian dollar no harm. But as we have seen, yield spreads are far more potent for the Australian dollar.
Sean Callow
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