New Zealand Current Account (QoQ) registered at $0.66B above expectations ($0.23B) in 1Q

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AUD/USD bears lining up in rising wedge

AUD/USD is trading at 0.7749 with a high of 0.7752 and a low of 0.7747.
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New Zealand Current Account - GDP Ratio registered at -3.6% above expectations (-3.8%) in 1Q

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