AUD/USD: China cuts short-lived – ANZ

By FXStreet FXStreet (Guatemala) – Analysts at ANZ noted the conditions surrounding AUD/USD.

Key Quotes:

“The AUD ended the week on a relatively soft tone. A sharp rally after the PBoC in China cut rates was very short-lived and the AUD pushed back towards its week lows alongside commodity prices. This week a softer CPI could stoke heightened rate cut expectations, however, international central bank meetings will set the broader tone for the AUD.

Expected range: 0.7180 – 0.7240″
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Source:: FX Street