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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
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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."
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