This is via the folks at eFX.
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ANZ Research maintains a mild bullish bias on AUD/USD, and NZD/USD over the next 1-2 weeks.
- "AUD/USD: Mildly Bullish: We expect the RBA to hike by another 25bps at the Tuesday meeting. We'll be watching the post-meeting statement for the RBA's take on the wages data. A dovish message will keep the AUD under pressure," ANZ notes.
- "NZD/USD: Mildly Bullish With little major domestic data on the calendar, we think the NZD should consolidate recent gains next week ahead of February Jobs data in the US," ANZ adds.
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ICYMI, the Reserve Bank of Australia today is due at 2.30pm Sydney time, oo30 GMT, 7.30pm US Eastern time. A 25bp rate hike is widely expected with the bank trying to catch up to runaway inflation .
