AUDNZD
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Technical Tuesday: DAX, GOLD and AUD/NZD
Technical analysis on some of the most interesting markets right now
RBNZ to hike by 25bp tomorrow prompting mean reversion in AUDNZD
At its first meeting of the year, the RBNZ is expected tomorrow to raise the Official Cash Rate by 25bp to 1%, the third hike in a tightening cycle that commenced in October last year.
AUD/NZD approaching key support
After big overnight falls, the US dollar managed to bounce back a little shortly after the New York open, the Dow was well over 100 […]
AUD/NZD: one to watch post FOMC
The wait is almost over: the Fed is highly likely to announce an interest rate rise at 18:00 GMT. But we have already covered the […]
AUD/NZD ready to head towards 1.10?
In addition to Trump’s speech, we had some important economic data out of Asia overnight. Specifically, from Australia and China. In Australia, the fourth quarter […]
RBA could hasten AUD/NZD’s path to parity
Tuesday will be a big day for AUD. In addition to the political situation the RBA will need to make an interest rate decision…
AUD/NZD arrives at key technical juncture
The AUD/NZD’s recent depreciation is mainly due to a surprisingly dovish RBA, which decided to follow the footsteps of the RBNZ by cutting interest rates. […]
AUD/NZD: break of 1.13 hurdle points to further gains
The AUD/NZD has staged a massive rally since bottoming out at just above parity back in April. It has gained some 1350+ pips in the […]