Fx Primus Rebates

Westpac’s updated view for AUD/USD

Westpac with a 1 to 3 month outlook for the AUD TL;DR is: More: The Aussie underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings but so far in July it has been near the middle of the G10 pack. 

Fx Primus Rebates

Economic data coming up in the European session

GBP risks lie ahead 0800 GMT – BOE governor Mark Carney testifies in Hampshire Carney will be alongside Cunliffe and they’ll both be testifying on the Financial Stability Report before the Treasury committee. Given the report, it’s not expected that they will touch too much on monetary policy – if at all – but with…

Fx Primus Rebates

NZD higher – AUD, CAD feeling the love too

NZD/USD a first mover!  Surging on the RBNZ inflation data at its fastest pace in 7 years AUD and CAD both higher alongside now. There had been notable AUD/NZD offers following the much earlier but they have backed off somewhat, helping AUD to gain for the session