AUD/NZD has climbed sharply in recent weeks. What is the outlook for the pair through the end of 2020? Here is their view, courtesy of eFXdata: NAB Research discusses AUD/NZD outlook and sees a scope for a dip into 1.05 over the coming weeks before resuming its upmove through 1.09 by year-end. “The RBNZ is seen ready to buy up to as much as 50% of the NZ government bond market, which will see the QE programme upscaled significantly at the May MPS. The deeper economic hole that NZ has created for itself as well as the massive QE programme – likely more than twice as great as the RBA’s government bond buying when measured as a percent of GDP on our estimates – are two reasons why we see AUD/NZD headed higher,” NAB notes. “With the upside revision to AUD forecasts, our new projections reflect those macro forces. A case for a nearterm reversal of the cross (driven mainly from the AUD side after its recent exceptional strength) can be made after the strong recovery from parity at its lows, but macro forces suggest a higher plane through the second half of the year,” NAB adds. For lots more FX trades from major banks, sign up to eFXplus By signing up for eFXplus via the link above, you are directly supporting Forex Crunch. Kenny Fisher Kenny Fisher Kenny Fisher - Senior Writer A native of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto. Kenneth is also a lawyer, and has extensive experience as an editor and writer. Kenny's Google Profile View All Post By Kenny Fisher Daily Look share Read Next EUR/GBP clinches new weekly highs near 0.8750 FX Street 2 years AUD/NZD has climbed sharply in recent weeks. What is the outlook for the pair through the end of 2020? Here is their view, courtesy of eFXdata: NAB Research discusses AUD/NZD outlook and sees a scope for a dip into 1.05 over the coming weeks before resuming its upmove through 1.09 by year-end. "The RBNZ is seen ready to buy up to as much as 50% of the NZ government bond market, which will see the QE programme upscaled significantly at the May MPS. The deeper economic hole that NZ has created for itself as well as the massive QE programme… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.