AUD/NZD prints seven-day uptrend around 1.0850 upbeat RBA Minutes – by anilpanchal7 AUDNZD RBA RiskAppetite China GDP
to refresh intraday high near 1.0850 at the latest. In doing so, the exotic pair reverses the initial losses, the first in the seven days, to rejoin the bullish run.Minutes appear hawkish as it said that the board considered a rate hike at the April meeting, before deciding to pause.RBA minutes: Australia's central bank actively considered April rate hike before deciding on pause
Apart from the RBA Minutes, the cautious optimism in the market, head of the key China data and amid receding fears of recession, also underpin the AUD/NZD pair’s latest run-up. That said, the recent comments from the International Monetary Fund about China’s economic growth seems to underpin the AUD/NZD run-up., the IMF forecasts that China’s economic growth contribution will be nearly double that of India and the US. India is forecast to deliver 12.
While portraying the mood, S&P 500 Futures remain directionless while Australia’s ASX 200 prints a 0.30% intraday loss by the press time. That said, the initial market reaction to the RBA Minutes appears impressive. However, the AUD/NZD pair traders should rely on the China Q1 GDP, expected 2.2% QoQ versus 0.0% prior, for clear directions. Above all, Thursday’s New Zealand Q1
, expected to rise to 2.0% QoQ versus 1.4% prior, will be crucial for the exotic pair traders to watch for clear directions.The MACD indicator flashes bullish MACD signals whereas the RSI line grinds higher past the 50 level, not overbought, which in turn suggests further advances of the AUD/NZD pair unless it drops below a fortnight-old ascending support line, close to 1.0770 by the press time.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
AUD/USD: Bearish pounce ahead of RBA Minutes, US PMIs around 0.6700AUD/USD holds lower grounds near 0.6700 as it begins the key week on a sluggish note after positing the first daily loss in four the previous day. The
続きを読む »
AUD/JPY looks set to reclaim 90.00 ahead of RBA minutesThe AUD/JPY pair is making efforts in reclaiming the critical resistance of 90.00 in the Asian session. The risk barometer has rebounded from 89.60 af
続きを読む »
Forex Today: US Dollar strengthens further, RBA minutes and China’s GDP nextTuesday will be a busy day in terms of economic data in an overall light week. Early, the Reserve Bank of Australia will release the minutes of its la
続きを読む »
AUD/USD remains sideways around 0.6700 ahead of RBA minutes and China’s GDPThe AUD/USD pair has continued its sideways auction in the early Asian session around 0.6700. The Aussie asset remained lackluster on Monday despite a
続きを読む »
AUD/JPY maintains business above 90.00 ahead of RBA minutes, China GDP eyedThe AUD/JPY pair is making efforts in keeping its auction above the round-level resistance of 90.00 in the early Tokyo session. The risk barometer is
続きを読む »
When are the RBA minutes and how might they affect AUD/USD?Early Tuesday morning in Asia, at 01:30 GMT, the Reserve Bank of Australia (RBA) will release the minutes of the latest monetary policy meeting held i
続きを読む »