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AUD Data & RBNZ's Conway Facilitates Downtick

AUDNZD

Desks cite AUD as a major contributor to slightly above average interbank FX volumes through the London morning. Cross-market plays via AUD/NZD present the obvious focal point when it comes to turnover, given the mix of softer-than-expected retail sales data out of Australia and RBNZ chief economist Conway providing some hawkish focus when it comes to non-tradable inflation.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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