AUD,NZD

AUD: No new momentum from RBA minutes

AUD/USD is stuck in the middle of a tight 1.0230/70 range and the release of the meeting minutes hasn’t changed anything. Looks like the volatility might be done for the day unfortunately.

  1. Sean
    Mr Market cannot seem to make up its mind about the AUD at this time. If it had priced the next rate cut as the last one, AUD should have moved up. It appears the market may be worried about more interest rate cuts .

    PK

  2. You were right, Sean. This is turning into a real snoozefest. Hopefully, there will be some more volatility in Europe but without any major events expect for the german ZEW, I seriously doubt it
    pk

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