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Westpac writes "the 6c decline in.......>

AUSSIE-KIWI
AUSSIE-KIWI: Westpac writes "the 6c decline in Nov, Dec, and Jan appears
complete, in which case a gradual rise towards 1.0600 should ensue. Both the RBA
and RBNZ appear to be comfortable holding steady, which means yield spreads are
likely to be neutral for the cross. The supportive factor could well be fading
concerns about the coronavirus pandemic. Fair value is much higher."
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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