RBA's Bullock's speech says nothing on monetary policy.
RESERVE BANK OF AUSTRALIA ASSISTANT GOV BULLOCK SAYS COVID-19 HAS ACCELERATED SHIFT FROM CASH TO ELECTRONIC PAYMENTS
02-Jun-2020 19:10:00 - RBA'S BULLOCK SAYS COSTS TO MERCHANTS OF ELECTRONIC PAYMENTS MUST BE KEPT AS LOW AS POSSIBLE
Antepodens governed in a realm of geopolitics as a key driver.
RBA, Aussie GDP and ongoing trade war headlines to dominate the cross.
AUD/NZD has been trading in a phase of consolidation sub the 1.08 hande following a prior failure. At the time of writing, the cross is trading at 1.0744 having tra
Euro reversal from 0.8789 finds support above 0.8700.
The EUR/USD remains trapped between 0.8700 and 0.8800 for the fourth week in a row.
On the mid-term, FX analysts at Rabobank see the euro breaking the channel upwards.
The euro’s reversal from Thursday’s high at 0.8789 has been contained above 0