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Will the RBA shift to a more hawkish stance this time or retain their cautious tone? And what might this mean for AUD/USD?
AUD/NZD looks set to make new May highs this week! Will the RBA’s decision give Aussie bulls enough ammo to extend AUD/NZD’s uptrend?
The RBA removed “future hikes” from its March decision but also said it’s not ruling out any options. What are the markets expecting this week?
A couple of major central banks are scheduled to announce their rate statements this week, plus we’ve got Canada’s jobs report to watch out for, too!
Employment updates, easing geopolitical tensions, & the latest Fed statement were the biggest drivers, prompting our strategists to focus mainly on the Greenback & Comdolls.
JPY stole the show this week, thanks to stealthy intervention moves, while the Greenback made a few flashy moves around the FOMC decision & U.S. jobs data!