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AUD/USD is grinding it out a little higher, up from around 0.7175 to 0.7195 odd now
We had RBA minutes earlier:
Can’t see too much in those to prompt buying (mind you they did say the next move in rates, while not soon, will be up …. so there is that).
Coming up soon:
I don’t know specifically what he will say but the gist will be ‘its all good’, count in it. Should help AUD I guess and might be a factor for this wee pop.
Meanwhile, its not bad for the kiwi either. NZD/USD moved higher on improving business survey results:
NZD has been the better performer, so it gets the pic!
This article was originally published by Forexlive.com. Read the original article here.