Aussie and Kiwi to fall back as tightening cycles underwhelm

The Aussie and the Kiwi have been amongst the best performing G10 currencies against the US dollar so far this year but, while we expect both to remain resilient in 2022, we eventually expect them to weaken. In view of the wider interest, we are also sending this FX Markets Update to clients of our Australia & New Zealand Service.

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