Australia Mar AiG Performance of Mfg Index down to 44.4 vs 45.6
Apr 2, 2013
Forex: AUD/NZD unchanged ahead of RBA
AUD/NZD is currently at 1.2445 bids, perfectly unchanged for the week so far from previous weekly close Friday, ahead of RBA meeting at 03:30 GMT. Market expects the RBA to stay on hold this time, with doubts on the tone for the statement, given mixed data released recently, included lower than expected yesterdays China PMI's
Forex Flash: RBA would gain little from change in bias - Westpac
The RBA’s decision to hold rates seems to be a done deal, with only a 5% chance of a cut priced in, notes Westpac FX strategist Sean Callow, who adds that "the focus instead will be on the statement’s wording, with most attention on the final paragraph."