Aud Nzd News Today

RBA has maintained a cautious hawkish stance which in turns supports the current medium-term uptrend phase of AUD/NZD

An extreme NZD weakness may trigger a potential short-term bearish mean reversion of the AUD/NZD after RBNZ turned less hawkish

The RBA’s surprise hike caught AUD/NZD traders with their guard down. As a result, the pair traded to its highest level since August 2018.

Over the last 3 days the pair held resistance and moved lower, helped on Monday by a surge in Q3 inflation from New Zealand

With traders in the UK and US set to return to their desks we expect trading volumes to recover over the next 24 hrs. RBA hold their policy meeting at 11:30 AEST, although no change is expected.

It was a solid close for global equities last week, with European Bourses set to challenge record highs and Wall Street paring losses sustained earlier in the week.

Currency Pair of the Week: AUD/NZD Joe Perry April 12, 2021 2:19 PM The RBNZ meeting and the Australian Employment are both this week! Share: Australia will release their Employment data this week on Thursday.  Expectations are for an additional 35,000 jobs to be added to the economy.  In February, 88,700 jobs were added, of which just about all were ful...

NZ Economy Performs Better than RBNZ Assumes NZD Strength Remains a Concern for RBNZ AUD /NZD the Preferred Play for RBNZ Meeting NZ Economy Performs Better than RBNZ Assumes Next week will see the RBNZ deliver its first monetary policy announcement of the year, where expectations are for the central bank to stand pat on current monetary policy. However, in light of the recent run of stronger than expected economic data, the focus will be on the RBNZs updated forecasts as well as Governor...

Although AUD and NZD pairs may be slow because of the Chinese Lunar New Year, AUD/NZD is not!