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AUD/NZD breaks 1.1200 and hits highest since November

FXStreet (Córdoba) - The AUD/NZD broke the key resistance area at 1.1200 during the European session and continued to climb above. Recently printed a fresh high at 1.1233, reaching levels last seen in November 2013.

The pair is headed toward the fifth weekly gain in row and the seventh out of the last eight weeks, extending the recovery from 8-year lows that were reached in January.

Price was holding near the highs at 1.1230, up more than 80 pips from Tuesday’s closing level, having the best day since mid July.

UK current account deficit data revisions – RBS

Analysts at RBS noted that existing data show the largest deficit for a quarter of a century for the UK with the UK statistics office that has published revised/indicative Balance of Payments data which show significantly larger current account deficits in 2008 and 2009.
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CAD’s technical outlook and crosses – TDS

Analysts at TD Securities gave us a snap shot of the technical out look for CAD and crosses.
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