Investors should sell the New Zealand dollar against the yen and bet the currency will decline to 59.80, according toStandard Bank Plc.
Standard Bank Plc advised investors to sell the New Zealand dollar against the U.S. dollar, estimating the so-called kiwi will weaken to 68.20 U.S. cents.
Investors should buy the dollar against the yen, speculating the U.S. currency will appreciate to 83.40 yen, Standard Bank Plc said.
Standard Bank Plc advised buying the euro against the yen and the Australian dollar, and also recommended purchasing the U.S. Dollar versus Norway’s krone.
"The trend is definitely your friend right now and periods of dollar weakness merely provide better levels to buy the currency."
- Steve Barrow on Sep 24, 2014
Standard’s Barrow Says ECB Not Targeting Euro (Audio)
Standard Bank’s Barrow Sees Lower Treasury Yields