ForexLive Asia-Pacific FX news wrap: AUD and NZD follow on higher

<ul><li><a href="https://www.forexlive.com/news/north-korea-has-fired-several-cruise-missiles-off-its-west-coast-20240202/">North Korea has fired several cruise missiles off its west coast</a></li><li><a href="https://www.forexlive.com/Cryptocurrency/a-forecast-for-bitcoin-to-hit-500k-after-aprils-halving-then-5mn-by-2032-20240202/">A forecast for Bitcoin to hit $500K after April's halving, then $5mn by 2032</a></li><li><a href="https://www.forexlive.com/news/changes-to-members-of-the-dow-jones-industrial-average-coming-up-20240202/">Changes to members of the Dow Jones Industrial Average coming up.</a></li><li><a href="https://www.forexlive.com/news/us-forces-preparing-to-hit-iran-backed-proxies-across-the-middle-east-a-weekend-risk-20240202/">US forces preparing to hit Iran-backed proxies across the Middle East – a weekend risk?</a></li><li><a href="https://www.forexlive.com/centralbank/bank-of-england-chief-economist-huw-pill-speaks-friday-20240202/">Bank of England Chief Economist Huw Pill speaks Friday</a></li><li><a href="https://www.forexlive.com/news/us-nfp-data-due-friday-preview-20240202/">US NFP data due Friday – preview</a></li><li><a href="https://www.forexlive.com/centralbank/pboc-sets-usd-cny-mid-point-today-at-71006-vs-estimate-at-71655-20240202/">PBOC sets USD/ CNY mid-point today at 7.1006 (vs. estimate at 7.1655)</a></li><li><a href="https://www.forexlive.com/news/icymi-the-latest-indication-of-us-inflation-pressure-rose-at-its-fastest-since-april-2023-20240202/">ICYMI: The latest indication of US inflation pressure rose at its fastest since April 2023</a></li><li><a href="https://www.forexlive.com/news/australian-data-q4-ppi-09-qq-prior-18-20240202/">Australian data: Q4 PPI +0.9% q/q (prior +1.8%)</a></li><li><a href="https://www.forexlive.com/centralbank/poll-shows-analysts-unanimous-in-expecting-the-rba-to-remain-on-hold-at-february-meeting-20240202/">Poll shows analysts unanimous in expecting the RBA to remain on hold at February meeting</a></li><li><a href="https://www.forexlive.com/centralbank/bank-of-america-forecasts-federal-reserve-rate-cut-in-june-were-previously-tipping-march-20240201/">Bank of America forecasts Federal Reserve rate cut in June (were previously tipping March)</a></li><li><a href="https://www.forexlive.com/centralbank/fed-chair-powell-will-be-interviewed-on-60-minutes-this-sunday-20240201/">Fed Chair Powell will be interviewed on 60 Minutes this Sunday</a></li><li><a href="https://www.forexlive.com/news/south-korea-core-inflation-rate-slows-further-lowest-in-over-two-years-20240201/">South Korea core inflation rate slows further – lowest in over two years</a></li><li><a href="https://www.forexlive.com/centralbank/ex-rba-board-member-says-the-australian-cash-rate-may-stay-around-45-for-a-long-time-20240201/">Ex-RBA board member says the Australian cash rate may stay around 4.5% for a long time</a></li><li><a href="https://www.forexlive.com/centralbank/icymi-boc-gov-macklem-warns-cad-budget-fiscal-spend-could-slow-reaching-inflation-target-20240201/">ICYMI – BoC Gov Macklem warns CAD budget fiscal spend could slow reaching inflation target</a></li><li><a href="https://www.forexlive.com/news/new-zealand-december-building-consents-37-mm-prior-106-20240201/">New Zealand December building consents +3.7% m/m (prior -10.6%)</a></li><li><a href="https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-1-feb-dollar-moves-lower-with-yields-on-jobs-slowdown-20240201/">Forexlive Americas FX news wrap 1 Feb: Dollar moves lower with yields on jobs slowdown</a></li><li><a href="https://www.forexlive.com/centralbank/analysts-3-reasons-stocks-going-to-pullback-and-4-is-that-powell-was-the-last-straw-20240201/">Analyst's 3 reasons stocks going to pullback (and #4 is that Powell was "the last straw")</a></li><li><a href="https://www.forexlive.com/news/us-close-sp-500-nearly-erases-yesterdays-sharp-decline-further-gains-after-hours-20240201/">US close: S&amp;P 500 nearly erases yesterday's sharp decline — further gains after hours</a></li><li><a href="https://www.forexlive.com/news/new-zealand-data-january-consumer-confidence-936-prior-931-20240201/">New Zealand data – January consumer confidence 93.6 (prior 93.1)</a></li></ul><p>
It
was a relatively subdued session here today, but AUD/USD and NZD/USD
did follow on through higher after their Thursday rally. NQ and ES
(US equity index futures) are not a lot changed from their US close
and are off their Asia-time low.
</p><p>There
was very little news flow, and only lower-tier data releases.</p><p>Note
for this weekend coming, Federal Reserve Chair Powell taped an
interview for 60 Minutes on
Thursday. Its set
to air on Sunday evening at
7pm Eastern time. Globex will be open. I’ll have the headlines as
they cross if you are not planning on watching the telly.</p><p>
For
fans of F1, seven-time Formula One world champion Lewis Hamilton
will move to Ferrari after the coming season following 12 years at
Mercedes.
</p>

This article was written by Eamonn Sheridan at www.forexlive.com.