- AUD/NZD is currently trading around 1.0749 marks.
- Pair made intraday high at 1.0750 and low at 1.0729 marks.
- Intraday bias remains slightly bullish till the time pair holds key support at 1.0698 mark.
- A sustained close above 1.0731 will drag the parity higher towards key resistances at 1.0770/1.0840/1.0945/1.1072/1.1113/1.1163/1.1238 levels respectively.
- Alternatively, a daily close below 1.0698 will take the parity down towards key supports around 1.0648/1.0550/1.0443 marks respectively.
- RBA minutes - Low rates helping reduce unemployment, lift inflation.
- RBA repeats rising A$ would impede pick up in economic growth, inflation.
- RBA minutes - High household debt levels still warranted careful attention.
- RBA's bullock - banking system is strong and well capitalised, supported by prudent lending standards.
- New Zealand Q4 producer prices - inputs q/q decrease to 0.9 % vs previous 1 %.
- New Zealand Q4 PPI output stays flat at 1 % vs previous 1 %.
- Australia's S&P/ASX 200 index down 0.32 pct at 5,922.30 points in early trade.
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