Forex Flash: AUD and NZD will fail to appreciate vs USD in 2013 - NAB

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FXstreet.com (Barcelona) - According to Peter Jolly, Global Head of Research at NAB, next year "will be a tougher year for fixed income investors as low yields should persist in the 1st half, but through the year we are bearish bond yields and also expect both AUD and NZD to be somewhat lower." NAB expects a tigther RBA, meaning "an even lower cash rate, with another 25bps to 75bps of cuts in 2013" Peter says.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Forex and Currencies

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