Forex Trading

Does anyone have any opinions on the future of the NZ$ versus AU$.I have a friend who is moving over here from NZ and want to get an idea of which way the exchange rate is trending.He is transferring about $400k over from the sale of one house in order to buy over here,Thanks for any info offered

Depends on time frame, but my opinion is the oonly support for NZD is the carry trade from Japan.

I think the New Zealand economy is in trouble and expect NZD to be a poor performer over next 12-24months.

I'd expect AUD to be back to 1.20 v NZD but it may not get there until later this year.