Tag Archives: RBA

AUD/NZD oscillates below 1.0600 ahead of Aussie Consumer Inflation Expectations

AUD/NZD is auctioning a marked territory as investors await Australian Consumer Inflation Expectations. Aussie Inflation Expectations are likely to remain higher due to the unavailability of a downside signal. The RBNZ has already raised its OCR to 2.5% to combat price pressures. The AUD/NZD pair is displaying back and forth moves below the critical hurdle of… Read More »

AUD/USD rallies towards 0.6980s as buyers bulls-eye 0.7000

AUD/USD edges up by 1%, boosted by a soft greenback. China’s Trade Balance surplus increased the appetite for the risk-sensitive AUD. The AUD/USD got bolstered by last week’s RBA’s tightening expectations. The AUD/USD rallied during the North American session as the market mood turned mixed, with US equities fluctuating, while the greenback tumbles on the… Read More »