Monetary policy biases have been one of the major driving forces in forex price action for the past weeks and it appears that we’re seeing some shifts. Do you think we’ll see an unwinding of long/short positions?
RBNZ - Decided to pause on its rate hikes, time to assess
BOE - Less inclined to hike rates before the end of the year, wage growth still a problem
RBA - Strong inflationary pressures mean less need for a rate cut?