AUD/NZD races higher on Tuesday, clipping into 1.08 as hawkish RBA pumps Aussie

The AUD/NZD hustled up the charts to close Tuesday trading just shy of the 1.0800 major handle, driving the pair decisively back into prices not seen

The AUD/NZD sees its single best trading day since June, climbing nearly 0.9% on Tuesday. The RBA's meeting minutes proved to be hawkish with the Aussie central bank seeing higher inflation risks. the Kiwi struggled after Monday's CPI inflation miss. since September, with the Aussie catching a firm bid from a hawkish Reserve Bank of Australia while the Kiwi struggles to find some pickup after missing Consumer Price Index inflation expectations on Monday.

9K to 20K. The Kiwi Trade Balance reading is slated for late Thursday at 21:45 GMT, when the NZ markets are heading into the early Friday Asia market session. NZ Trade Balance for the year into September last printed at $-15.54B. AUD/NZD Technical Outlook Tuesday's bullish pump in the AUD/NZD sent the pair straight into the 50-day Simple Moving Average , with the pair hanging just south of the 1.0800 major handle.

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