AUDUSD AUDJPY AUDCHF Harmonized Interest Rate Currency Band
RBA rate cutting changes the interest rate differential structures and CHF and JPY still pressure NZD to downward despite RBA sterilizes the NZD to USD. The pressure seems may drive AUDUSD to 5 % width (wide) of band of Plaza accord. Short trade only possible for interdays high to interdays low by measuring their average traded weighted rates.