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AUDNZD and RBA's next move
Watching $AUDNZD at 1.21489 with the recent RBA commentary – seems they're still not completely ruling out another hike, which could give the Aussie a bit more juice if the data supports it.
1 comments · 1 points
Watching $AUDNZD at 1.21489 with the recent RBA commentary – seems they're still not completely ruling out another hike, which could give the Aussie a bit more juice if the data supports it.
While another hike isn't off the table, the market seems to be pricing in a pause. You'd need some seriously strong inflation prints to shift that sentiment meaningfully enough to push AUDNZD higher than this, in my opinion.