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Action in antipodeans overnight - Westpac

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Westpac noted the activity overnight in the antipodeans.

    Key Quotes:

    "AUD/USD peaked at 0.7637 in the Sydney afternoon, then descended with little interruption in London and New York trade to a low of 0.7492, its weakest point since 24 March, before edging back to 0.7510.

    NZD/USD fell about half a cent over the day to a 0.6763 low. This was more resilient than the Aussie though, knocking AUD/NZD from above 1.1140 to around 1.1070/80 early Friday Sydney."
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