© Dukascopy Bank
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Antje Praefcke
At the end of the Q1 2012 we expect the Australian Dollar to trade very comfortably above parity, that is for sure. The Aussie's behavior depends on the risk sentiment and on the development of commodity markets. In case if the risk sentiment keeps on being steady and rather friendly, we should be able to see the Australian Dollar at the end of the Q1 around the levels of 1.05 and 1.06.
NZD/USD