By Krishna K — Aug 12 - 12:20 AM
AUD/USD +0.2% as Asian markets stay upbeat, follow Wall Street's lead
ASX 200 +0.5%, AUD/JPY +0.5% as investors tip-toe back into risk assets
RBA policy divergence from other major c.banks( BOJ excepted) supports AUD
Data on U.S. inflation, China July monthly activity , Aus jobs key this week
Rising geopolitical tensions may cap rally; M/East, Ukraine conflicts eyed
RBA underlines uncertainty about economy, policy forecasting
Strong resistance at 0.6598-0.6602, 100 & 200- day MAs; more at 0.6627
Supports 0.6550, 0.6525-30; Asia range 0.6565-0.6588
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Source:
Refinitiv IFR Research/Market Commentary