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Daily Report: AUD and NZD Softer, Focus Turns to SNB - forex fx daily current outlook

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Old 03-11-2010, 08:21 AM
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Join Date: Sep 2008
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Default Daily Report: AUD and NZD Softer, Focus Turns to SNB

Commodity currencies are slightly softer today on a couple of factors. Firstly, Australia job report missed expectations and showed only 0.4k growth in February. Unemployment rate also rose slightly from downwardly revised 5.2% to 5.3%. Secondly, RBNZ was somewhat more dovish then expected and hinted that interest could peak a...

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