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Mar 06 - 05:55 PM

AUD/USD - Clings To Weekly Gains, Finish Line In Sight

By James Connell  —  Mar 06 - 04:52 PM

• AUD/USD extended its rally in NY before softening as EUR turned lower

• ECB cut the deposit rate to 2.5% and lowered its economic forecasts

• CN stimulus targets 'new energy'; unhelpful AU biggest exports Iron-Ore/Coal

• Up 2% this week, AUD looking to consolidate gains ahead of Fri close

• CN trade data, U.S. Payrolls due Fri; CN inflation data Sun

• Overnight range AUD 0.63225-64, support 0.6190 0.6320, resistance 0.6415
AUD mng


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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