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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), may have something to say about AUD/NZD 

 

  • Market Data
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