By James Connell — Mar 18 - 08:41 PM
• AUD/USD drifts towards middle of week's range; quiet trade ahead FOMC
• Fed outcome due 1800 GMT Wed; no rate change expected, uncertainty builds
• New economic projections will clarify Fed's view of Trump policy impacts
• AU employment due Thur (Reuters poll +30k jobs, 4.1% unemployment)
• AUD 55-DMA beginning to trend higher, reflecting the pair's 2025 resilience
• Range Asia 0.63585-635, support 0.6260 0.6190, resistance 0.6415
AUD midday
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters