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AUD/NZD testing fresh weekly lows above 1.1450 ahead of a busy day down under

FXstreet.com (Barcelona) – The AUD/NZD foreign exchange cross rate is last trading at 1.1462 bids, off recent double weekly lows at 1.1452, retracing from Monday’s/Friday’s double fresh 1-month high at 1.1607, ahead of a busy day full of economic data coming out “down under”.

AUD/NZD lower mainly on Aussie weakness

With Aussie being the weakest currency by far among all majors in last 2 trading days, near a -1% down for the week against USD so far, while Kiwi has remained flat in same time span, the AUD/NZD has gone also lower, few hours away of NZ ANZ business confidence data …read more