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- AUD/NZD faces some selling pressure and drops to 1.0770 after the Reserve Bank of Australia (RBA) decision.
- The RBA decided to keep the interest rate unchanged at 4.10% at its August meeting.
- Investors will shift their focus to the New Zealand employment data on Wednesday.
The AUD/NZD cross faces selling pressure and drops to the 1.0770 mark following the Reserve Bank of Australia’s (RBA) interest rate decision. Market players await the New Zealand employment data for fresh impetus. The cross currently trades around 1.0784, down 0.32% for the day.
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