The Traderszone Network

Published in TZ Latest News 11 May, 2016 by The TZ Newswire Staff

Australia – March Credit card balances $A51.8bn(prior $A51.9bn) & purchases $A25.5bn ($A24.2bn)

Data very slow to be published.

            No market response to these … there rarely is.

AUD and NZD have gone on divergent paths so far this session. NZD higher on English’s comments () while AUD has ticked a little lower today. I’ve posted earlier which has seemed to weigh on it somewhat – refocusing the market on the potential for RBA cuts; chatter also about of offshore fund sellers of AUD against crosses.