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AUD/USD Is Good Sell Despite Jobs Data

Forex News: AUD/USD looks like "a good sell" in low- to mid-0.96 area with good buying around 0.94, Westpac currency strategists say. Holds neutral bias for week ahead. Notes "market seems happy to remove rate hike (expectations) even in the face of a solid employment situation." Says RBA hike expectations, or lack thereof, likely means there's going to be little interest in AUD trade, but NZ CPI due July 15 could put spotlight on Australian CPI, revive interest. Soft NZ CPI will likely support AUD/NZD. AUD/USD last 0.9585; AUD/NZD last 1.2707.(


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