FX:AUDNZD Australian Dollar/New Zealand Dollar
The pair just did a huge correction to the upside and faid just after Australian market closed. Right now the pair seen moving towards the level when RBA announced no change on . What does this mean? This simply mean a good month for swap traders that relies on earnings. More dump of Aussie across the board. For AUDNZD , the parity level 1.000 is eyed for now.