AUD/NZD rebounds and rises back toward 1.0830

FXStreet (Córdoba) - The AUD/NZD finished unchanged on Thursday after being able to erased all losses. During the Asian session the pair weakened and fell to 1.0794, lowest level in a week, but it was able to rise quickly back above 1.0800.

The kiwi weakened on American hours pushing the AUD/NZD to the upside. After erasing losses the pair attempted to rise further but it was capped by 1.0830 and finished the day at 1.0825.

Light calendar ahead

No economic report will be release on Friday neither from Australia or New Zealand. The next important report will be the New Zealand Producer Price Index of the first quarter that will be published on Sunday 22:45 GMT ahead of Tuesday’s inflation report.