(Bloomberg) -- Australia's dollar will rise against the New Zealand currency, as its yield disadvantage narrows, according to Lehman Brothers Holdings Inc.
The Australian currency, touching a one-month high of 1.136 New Zealand dollar today, will increase to 1.15 in ``coming weeks,'' according to David Mozina, head of foreign-exchange strategy at Lehman Brothers in New York. At that level, it would at its strongest since December.
Read more at Bloomberg Currencies News
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