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Upside vulnerability in AUD/NZD

From an hourly perspective, the AUD/NZD has reached its lowest momentum reading of the last 20 days of trading.

Moreover, the recent plummeting AUD/NZD price action has been highlighted by an above-average reading in the MACD histogram.

While these momentum extremes could migrate to higher time frames, the latest hourly MACD print shows dissipation of speed, thus communicating risks of a immediate upside vulnerability.

South Korea BoK Interest Rate Decision meets forecasts (1.25%) in August

South Korea BoK Interest Rate Decision meets forecasts (1.25%) in August
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Australia Consumer Inflation Expectation down to 3.5% in August from previous 3.7%

Australia Consumer Inflation Expectation down to 3.5% in August from previous 3.7%
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