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AUD/NZD parity may be downside limit as Kiwis rush to banks to swap cash for AUD

AUD/NZD threatened parity earlier this week, before unchanged RBA 1.0151 = low water-mark for cross since post-RBA high of 1.0219 NZ's top economic risk is Australia-PM Key RBNZ may have something to say on NZD/AUD when …

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  • AUD/NZD threatened parity earlier this week, before unchanged RBA

  • 1.0151 = low water-mark for cross since post-RBA high of 1.0219

  • NZ's top economic risk is Australia-PM Key

  • RBNZ may have something to say on NZD/AUD when it meets Apr 30 

 

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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