NZD/USD shifted higher following an upbeat Q1 jobs report that showed New Zealand unemployment falling faster than expected.

AUD/USD shifted higher after key moving averages converged to underpin prices, but today’s RBA decision will likely decide the Australian Dollar’s direction.

AUD/NZD is tracking higher within a bullish technical pattern, but fundamental factors this week will likely drive Australian Dollar action.

The Australian Dollar failed to move higher despite a sharp rally in iron ore prices. AUD/USD remains rangebound but upcoming PMI figures out of China may bolster prices.

NZD/USD’s April rally appears to be on track to continue into May after data shows that the island nation’s trade activity increased in March.

AUD/USD may see a directional shift in price following today’s CPI print for Q1 out of Australia. Meanwhile, Japan and South Korea attempt to step up vaccination efforts.

The New Zealand Dollar rose against the US Dollar, with copper futures closing at the highest since 2011. Ahead, the Japanese Yen is eyeing the Bank of Japan after a rosy day for sentiment.

USD/JPY is testing trendline support following a third weekly loss. Yen traders will have their eyes on the upcoming Bank of Japan rate decision this week.

NZD/USD may fall further on Friday after reports that US President Joe Biden’s tax plan will nearly double capital gains rates on the most wealthy Americans.

AUD/USD rose to a lingering resistance level, buoyed by Wall Street sentiment. Renewed tensions between Australia and China may weigh on the Aussie-Dollar, however.