• A marked reduction in expectations for a Fed rate hike any time soon helped the Aussie dollar weather poor data from China this week and flirt with two-month highs. 
  
  
• The Aussie, though, may have a difficult time sustaining gains on caution ahead of Australia's approaching central bank meeting on April 7 at which the door is seen cracked to a possible interest rate cut from 2.25%. 
  
  
• Expectations the Reserve Bank may soon slash its key rate to new lows have helped power the kiwi dollar to fresh highs against its commodity cousin.