Aussie and Kiwi to remain in demand - Westpac

FXStreet (Bali) - According to Westpac, AUD/USD and NZD/USD should hold well around current highs.

Key Quotes

"RBA rate cut chatter should keep AUD soft on crosses but AUD/USD should hold up OK. So long as NZ CPI isn’t surprisingly low, the kiwi should remain in demand."

RBNZ, RBA jawboning unlike to be effective - TDS

RBZ and RBNZ jawboning in their respective currencies is unlikely to be effective, notes TDS FX Team.
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Australia Home Loans above forecasts (-1%) in May: Actual (0%)

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