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Thomson Reuters
Jan 29 - 12:12 AM
AUD/USD - : Fills In Gap On Report Of Upbeat RBA Comment
First appeared on eFXplus on Jan 28 - 09:50 PM
  • AUD/USD has made nearly all of the ground lost after the weak NAB survey
  • A report saying RBA's Harper said next move "likely higher" behind recovery
  • Market view was RBA might drop that comment after next week's meeting
  • AUD/USD traded as low as 0.7137 earlier and now around 0.7160
  • 21-day MA at 0.7140 proving a bit sticky, but close below would be bearish
  • Mood in Asia gloomy with S&P futures down 0.45% and AXJ index down 0.70%

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Source:
Thomson Reuters IFR Markets

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