AUD/USD's key events ahead - Westpac

Analysts at Westpac explained the events ahead for AUS/USD today.

Key Quotes:


"RBA deputy governor Lowe will be speaking at 10:20am Syd/7:20am Sing/HK. Markets will be looking for any comment on the strong GDP print last week and what many see as a dovish shift in the RBA’s statement.

Feb NAB business survey is out at 11:30am Syd/8:30am Sing/HK. Last month we saw a fall in conditions to 5 and confidence to 2. The survey was consistent with non-mining recovery."

USD/JPY: awaits further impetus - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the USD/JPY pair trades lifeless around the 23.6% retracement of the latest daily slump between 121.68 and 110.97, but with the bears still on the drivers'seat.
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Japan Current Account n.s.a. came in at ¥520.8B below forecasts (¥719B) in January

Japan Current Account n.s.a. came in at ¥520.8B below forecasts (¥719B) in January
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