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Australian dollar falls from one-week high against New Zealand dollar ahead of RBA minutes

Futures markets expect the Federal Reserve Bank of Australia to cut interest rates by 36 basis points this year, with a 70% chance of an August rate cut。

澳洲联储会议纪要公布前 澳元兑纽元从一周高点回落

The Australian dollar weakened slightly against the New Zealand dollar at the start of the new week, with market participants turning their focus to the minutes of the Federal Reserve Bank of Australia's February policy meeting for more insight into the central bank's thinking.。

Forex trading pairs from 1 on Friday.The week's high of 0702 continues to pull back.。

Federal Reserve Bank of Australia holds cash rate at 4 at February meeting.35% unchanged, in line with market consensus expectations。

However, the central bank warned that further policy tightening could not be ignored, as inflation remained high and the cost of services did not fall fast enough.。

Policymakers at the Federal Reserve Bank of Australia say they need to have the confidence to ensure that inflation falls back to the 2-3 per cent target range by 2025 and to the mid-range by 2026.。

Australian Federal Reserve Bank minutes to be released on Tuesday。

Futures markets expect the Federal Reserve Bank of Australia to cut interest rates by 36 basis points this year, with a 70% chance of an August rate cut。

Meanwhile, New Zealand currency traders will focus on New Zealand's fourth quarter producer price index data due out at 21: 45 GMT on Tuesday.。

The Australian dollar was down 0 against the New Zealand dollar as of 10: 07 GMT on Monday.19%, the transaction price is 1.0643。Last week, the forex pair rose to 1..The high of 0702, the highest level for the trading pair since Feb. 7 (1.0713)。

澳洲联储会议纪要公布前 澳元兑纽元从一周高点回落

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