The Reserve Bank of Australia have moved into a wait-and-see mode before deciding on whether they need to hike interest rates further. At the latest central bank meeting they kept rates unchanged at 4.10% indicating that the July monthly CPI…
Next week the Reserve Bank of Australia meet on Tuesday June 06 at 0530UK time. The expectations from short term interest rate markets are that rates will be unchanged at 3.85%. However, interest rate markets still see a terminal rate…
On May 12 the NZD lost value against the AUD due to cooling inflation projections. New Zealand 2 year inflation expectations fell to 2.8% from 3.3% prior for Q2. These cooler inflation projections sent the AUDNZD pair higher. However, ANZ…
Next week the RBNZ is meeting and there is scope for some movement in the AUDNZD pair. At the last RBNZ meeting the RBNZ were very hawkish combating headline inflation that was over 7%. They projected a terminal rate of 5.5%…
Using seasonals & fundamentals together + 60 points on the AUDNZD Heading into the latest RBA meeting this week it made sense to be short the AUDNZD. There were three key reasons to expect AUD weakness against the NZD. China’s…
