AUD/NZD plummets pips to 1.0700 as RBA pauses rate hike trajectory, Governor Lowe, RBNZ in focus – by anilpanchal7 AUDNZD
In doing so, the exotic pair marks the bear’s dominance as the Aussie central bank pauses its rate hike trajectory after lifting the benchmarkBreaking: RBA steers rates on a steady course at 3.60% in April, as expected
That said, the US-China tension is back on the table as Beijing keeps reiterating its dislike for the US-Taiwan ties but Washington seems to ignore it. On the same line could be the comments from Russian Foreign Minister Sergei Lavrov raised fears of escalating Moscow-Brussels tussle by saying, “The European Union has"lost" Russia.”
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