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AUD/NZD broke below 1.01 on dovish Stevens Monday

1.0047 = lowest level for cross since recent all-time low of 1.0021 63% chance of RBA rate cut May 5. Australian Q1 inflation data Wednesday RBNZ McDermott to speak about inflation Thursday RBNZ meets next week (Apr 30),…

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EconoTimes — Reading the Times. Understanding the Future.

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  • 1.0047 = lowest level for cross since recent all-time low of 1.0021

  • 63% chance of RBA rate cut May 5. Australian Q1 inflation data Wednesday

  • RBNZ McDermott to speak about inflation Thursday

  • RBNZ meets next week (Apr 30), may have something to say about AUD/NZD 

 

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Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560