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Forex Flash: RBA minutes should be tilted towards case for easing - Westpac

FXstreet.com (Barcelona) - The minutes from the RBA Board’s 5 March meeting will be published at 00.30GMT. According to Sean Callow, FX strategist at Westpac: "AUD/USD gained about 30 pips net on the steady hand two weeks ago, where retention of the line “scope to ease policy further” was balanced against a more positive view of the global economy and “some prospect of a modest increase” in investment outside mining." The analyst adds "it is hard to see why the RBA would go out of its way to support AUD and the rates curve so the language should be tilted towards the case for easing - later."

Forex: AUD/USD closes the gap at 1.0410 ahead of RBA minutes

Just as RBA Debelle has finished his speech and he is answering the round of questions, and about 90 minutes away from RBA minutes while Lowe is giving his own speech, AUD/USD sits around 1.0396 last, off daily highs at 1.0410 printed in early NY trade, closing the initial weekly opening gap from yesterday. The pair opened yesterday following Cyprus bail-out news going straight to fresh weekly lows at 1.0341, recovering from there ever since.
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Forex Flash: AUD/NZD seen at 1.22 mid-year; 1.1765 year-end - BNZ

The week ahead is shaping up as another important one for the AUD/NZD, says Mike Jones, FX strategist at Bank of New Zealand. The cross rallied hard after the contrast of a dovish RBNZ and upbeat AU employment data.
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