AUD/NZD

The Australian Dollar / New Zealand Dollar cross represents the two Australasian currencies, which often trade similarly against other currencies due to the similar geographical locations and high rollover rates. Therefore, the cross moves on the actual changes in the local economies, and is not heavily affected by risk-trends or global factors. Commodity exports represent a significant segment of both economies with Australia shipping energy products and ferrous metals; while New Zealand is more known for its export of wool, meat and milk.


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AUD/NZD Short Term Breakout

The next few days are key in determining whether or not this AUD/NZD breakout is 'real' but the next big level on the upside looks like 1.12 or so.
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Analyst picks

Jamie Saettele, CMT   

Sr. Technical Strategist

My Picks: Long AUD/NZD
Expertise: Technical
Average Time Frame of Trades: Swing (several days +)


Forex Economic Calendar


AUD Retail Sales Ex Inflation(QoQ)
m
A: 0.6%
F: 0.9%
P: 0.5%

AUD RBA Statement on Monetary Policy
m
A: 
F: 
P: 

AUD HIA New Home Sales (MoM)
m
A: 
F: 
P: -2.7%

AUD NAB Business Confidence
m
A: 
F: 
P: 3

NZD NZ Card Spending (MoM)
m
A: 
F: 
P: 0.1%

AUD Westpac Consumer Confidence
m
A: 
F: 
P: -3.5%
A: Actual   F: Forecast    P: Previous