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Good day, everyone! Hope you're all doing well as we get things going here on the session It's been yet another lively start to proceedings with the RBNZ announcing a larger-than-expected rate cut earlier, prompting the kiwi to slide in the aftermath.
NZD/USD is down by 2% on the day with the aussie also dragged lower as domestic bonds rally alongside mounting odds for the RBA to cut rates next month as well.
The yen remains firm amid a more cautious risk mood with equities tepid and bond yields holding a little lower.
It's still largely about navigating through risk sentiment amid ongoing US-China trade tensions so far this week and the session ahead should maintain a similar focus, but perhaps with a slightly calmer mood relative to the past two days.
What are your views on the market right now? Share your thoughts/ideas with the ForexLive community here.
