AUD/USD: China cuts short-lived - ANZ

FXStreet (Guatemala) - Analysts at ANZ noted the conditions surrounding AUD/USD.

Key Quotes:

"The AUD ended the week on a relatively soft tone. A sharp rally after the PBoC in China cut rates was very short-lived and the AUD pushed back towards its week lows alongside commodity prices. This week a softer CPI could stoke heightened rate cut expectations, however, international central bank meetings will set the broader tone for the AUD.

Expected range: 0.7180 – 0.7240"