While the range for the Australian dollar on the session is not large its moving to a high for the day
Apart from the info already posted today ond over the weekend there is nothing new, except ….
the RBA did not buy an Australian government bonds today. The RBA conduct their QE operations on Mondays, Wednesdays and Thursdays. And on Thursday last week they Bank didn't buy bonds either. I dunno, but if this is a sign of less concerns and stress then it could be read as a positive for the AUD, and this is what the chatter is out there prompting some of the buying.
NZD higher alongside.
