FxWirePro: Aussie remains almost unchanged against major peers after private capital expenditure data
Thursday, February 27, 2020 1:52 AM UTC
- AUD/NZD is currently trading around 1.0410 marks.
- Pair made intraday high at 1.0419 and low at 1.0394 marks.
- Intraday bias remains bullish for the moment.
- A sustained close above 1.0397 will drag the parity higher towards key resistances around 1.0445, 1.0476, 1.0526, 1.06, 1.0654 and 1.0743 mark respectively.
- Alternatively, a daily close below 1.0397 will take the parity down towards key supports around 1.0349/1.0264/1.0222/1.0178 marks respectively.
- New Zealand’s trade balance stands at -340M vs 384M previous release (expected -545M).
- New Zealand’s ANZ business confidence stands at -19.4 pct vs -13.2 pct previous release.
- Australia’s private capital expenditure stands at -2.8 pct vs -0.4 pct previous release (expected 0.5 pct).
- Australia’s S&P/ASX 200 was trading 0.58 pct lower at 6,669.30 points.