Westpac Research notes:
AUD/NZD 1 day: Still consolidating the recent sharp rally, contained by 1.0700-1.0800.
AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias. Expected RBA vs RBNZ direction thus favours AUD/NZD over the medium term, such that 1.1300 is feasible.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



