Aud/Usd is now hovering just over 0.7600 amidst AFR reports...
Prior chart:
0.7550 which was anticipated. recently tapped. If 0.760 holds we could see upside for the remaining days of the week.
The Aussie and Kiwi have both faded after receiving decent debt-related boosts to trade over 0.7660 and 0.7030 vs their US counterpart and will now look for further independent inspiration from building approvals, private sector and housing credit, and NBNZ business outlook and activity readings respectively.
Aud/Usd is now hovering just over 0.7600 amidst AFR reports that senior Australian bankers are working on a plan to bridge a Aud 180 bn refinancing cliff as the RBA’s TFF is likely to end in June, while Nzd/Usd is attempting to reach 0.7000 again off a 0.6975 low.
0.7550 which was anticipated. recently tapped. If 0.760 holds we could see upside for the remaining days of the week.
The Aussie and Kiwi have both faded after receiving decent debt-related boosts to trade over 0.7660 and 0.7030 vs their US counterpart and will now look for further independent inspiration from building approvals, private sector and housing credit, and NBNZ business outlook and activity readings respectively.
Aud/Usd is now hovering just over 0.7600 amidst AFR reports that senior Australian bankers are working on a plan to bridge a Aud 180 bn refinancing cliff as the RBA’s TFF is likely to end in June, while Nzd/Usd is attempting to reach 0.7000 again off a 0.6975 low.