Westpac foreign exchange news – 3 July

Robert Rennie Westpac’s Global Head of FX & Commodities Strategy, discusses events in Greece, the factors that are likely to see the Australian dollar testing the low end of its recent ranges and the factor driving the NZ$ lower.

Robert expects the A$ to continue to trade in 0.7550 to 0.7750 range next week, but notes increasing risks of a break to the downside.

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