Deutsche revises up year-end forecasts for AUD, NZD and CAD
They’ve followed the lead of Barclays who did the same earlier this week. They feel that the easy monetary policy around the globe is the main factor in play.
- AUD/USD revised up to 1.06 for end of year from 1.00 previously:
- NZD/USD revised up to .83 from .78:
- USD/CAD revised down to .98 from 1.00.