AUD/NZD Climbs to 5-Week High; RBNZ Rate Cut Bets Gather Steam
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- AUD/NZD rising for fifth day, up 1.0% to 1.0556, strongest since June 9.
Alert: HALISTER1- Resistance at 1.0608, 55-DMA; above at 1.0662, June 9 high
- Overnight-index swaps signal 62% chance RBNZ will cut benchmark rate by 25 bps at Aug. 11 meeting, up from 40% on July 13, according to Credit Suisse index; story here
Source: BFW (Bloomberg First Word)
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UUID: 7947283