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New Zealand Business NZ PSI: 48.5 (April) vs previous 49.1

AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals

The AUD/NZD pair is experiencing mild selling pressure on Friday, hovering near the 1.09 zone as the market approaches the Asian session. Despite the minor losses, the broader technical outlook remains constructive, with several key indicators aligning to support the pair’s upward trajectory.
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New Zealand Producer Price Index - Input (QoQ) above expectations (0.2%) in 1Q: Actual (2.9%)

New Zealand Producer Price Index - Input (QoQ) above expectations (0.2%) in 1Q: Actual (2.9%)
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