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Jul 06 - 03:55 AM

NZD/USD - Up On Rate-Hike Bets; AUD Bid On RBA Juggling Act

By Krishna K  —  Jul 06 - 01:51 AM
  • NZD/USD rallies 0.75% in Asia as NZ business outlook rebounds sharply

  • Notably strong survey ups expectations of early RBNZ rate hikenL3N2OI0PU

  • BNZ, ASB bring forward rate hike expectations to Nov. 2021 nL2N2OH1ML

  • AUD/USD rises 0.5% as RBA trims bond buying but maintains dovish bias

  • C.bank reiterates hike in rates was not on the cards until 2024 nL2N2OI06D

  • Fed rate hike optimism cools, boosts risk currencies; Fed minutes Wed key

  • AUD/USD initial resistance 0.7573-75; NZD/USD resistance 0.7095 June 25 high

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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