AUD/NZD: Parity on the cards? - ANZ

FXStreet (Guatemala) - Daniel Been & Sam Tuck, analysts at ANZ suggested that any parity between the pair would be brief.

Key Quotes:

"AUD/NZD is forging new lows and is already cheap relative to a large array of indicators."

"We believe that any move to parity will be based primarily on momentum and thus temporary."

"Fundamental divergences remain within historical ranges and in fact, in the past Australia has seen more stark out-performance without driving a top-side range break."