NZD/USD sunk in tandem with AUD and Aussie jobs report, but bulls are present also NZDUSD AUDUSD Currencies RBA
Full-time employment +17.6k s/adj.Meanwhile, speculation has been rising that the RBA could be nearing the peak of its interest rate cycle while hopes for improved trade ties with China support the view that Australia will avoid recession this year. Nevertheless, domestic dada had been showing signs of resilience and has been strengthening expectations of another 25 bps rate hike from the RBA next month.
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