2155 GMT - The week ahead for money markets in both Australia and New Zealand will be dominated by global events, given an absence of top-shelf economic data for the week ahead. With the focus on the White House, there's scope for more worrying news around trade tensions producing a risk-off tone that will likely see AUD/USD test support around 0.6200. Kristina Clifton, currency strategist at CBA, says the pair could even test 0.6100 over the week. Beyond that, traders will be looking ahead to policy meetings at the Reserve Bank of Australia and the Reserve Bank of New Zealand next week, with both expected to announce interest-rate cuts.(james.glynn@wsj.com; @JamesGlynnWSJ)
(END) Dow Jones Newswires
February 09, 2025 16:55 ET (21:55 GMT)
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