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FairValue
Jun 2, 2015 8:42 AM
AUDNZD
Long
FX_IDC:AUDNZD
240
AUSTRALIAN DOLLAR / NEW ZEALAND DOLLAR
ICE
Description
⋅
Jun 2, 2015 8:42 AM
Bought AUD NZD 1.0790 TP 1.1285 SL 1.0724
Divergence regarding monetary policy.
AUD - temporary neutral stance with positive sentiment for aud after yesterday RBA statement.
NZD - Markets currently pricing in a potencial rate cut for the coming months.
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