Today
-0.00%
1 Week
+0.47%
1 Month
-0.78%
6 Months
-0.18%
Year to Date
+1.43%
1 Year
+0.52%
Opening Price
1.09058Previous Closing Price
1.09208Our preference: target 1.0860.
the upside breakout of 1.0940, would call for 1.0970 and 1.0990.
target 1.0860.
AUD/NZD breaks its three-day losing streak, trading around 1.0990 during the Asian session on Wednesday.
The AUD/NZD cross witnessed an intraday turnaround from the 1.1150 region, or its highest level since October 2022 touched during the Asian session on Wednesday and drops to the lower end of the weekly range in the last hour.
The Australian Dollar (AUD) should appreciate against the US Dollar (USD) and the New Zealand Dollar (NZD) amid sticky core inflation, UBS FX strategists note.
On Wednesday, the AUD/NZD rose to a fresh high since 2022, in reaction to the Reserve Bank of New Zealand (RBNZ) decision.
AUD/NZD eyes a move beyond 1.1100 and could inch higher towards next projections of 1.1175 and 1.1250, Societe Generale FX strategists note.
After a climb to the highest level since early May, the AUD/NZD buyers have cleared some gains and the pair faces some consolidation.