There is an Reserve Bank of New Zealand meeting this week (Wednesday NZ time) and an Reserve Bank of Australia meeting next week (Tuesday Oz time).

If AUD and NZD movements today are indicative of the expected outcomes of these meetings (theres more to it than that, of course) then we can likely expect no easing moves this month.

AUD

NZD

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Then again ... maybe I'm reading far too much into what has been a dull week-opening session.

Comments welcome