AUD and NZD to remain top yielders - TDS

FXStreet (Bali) - Annette Beacher and Prash Newnaha, FX Strategists at TDS, note that the AUD and NZD will remain the top yielders, although gains are likely to be capped versus the USD.

Key Quotes

"The AUD and NZD will remain the top yielders in the G-10 space, providing some support for the AUD (and to a lesser extent the NZD given AUDNZD f/c is 1.13 by year end, currently 1.12)."

"Gains are likely to be capped versus the USD on our view that the US Federal Reserve is expected to begin lifting the Fed fund rate from Q3 next year, if not earlier."