(Bloomberg) -- Credit Suisse Group recommends buying three-month double-no-touch options on the Australian dollar versus New Zealand's, as interest rate increases in both countries will keep the currencies in a narrow range.
Switzerland's second-largest bank advised purchasing the options on the Australian dollar with triggers at NZ$1.0970 and NZ$1.1620. The Reserve Bank of New Zealand releases its rate decision on April 26, while Australia's central bank announces its policy on May 2.
Read more at Bloomberg Currencies News
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