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Westpac write "boosted by improving.....>

AUSSIE-KIWI
AUSSIE-KIWI: Westpac write "boosted by improving global risk sentiment plus
China's economic recovery, the cross has shrugged off the second wave of
Australian COVID cases, and targets NZ$1.0860 (early June high) during the weeks
ahead. Multi-month, we forecast Australia's economy to outperform NZ's, and
that, combined with a pull towards fair value, argues for a move to NZ$1.1100 by
year end."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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