Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 26 - 03:55 PM

AUD/USD - Capped By 0.68, But Diverging Fed-RBA Policy Paths Keep AUD Bid Intact

By Paul Spirgel  —  Aug 26 - 01:40 PM
  • AUD$ soft in NorAm aft trading, -0.18% at 0.6785; traded 0.6787-68 in NY

  • RBA seen more hawkish than Fed in near-term provides boost for bulls

  • LSEG's IRPR prices -101bp t YE 2024, RBA -30bp; Fed more dovish to YE 2025

  • Commods higher aid relative AUD bid, U.S. soft landing view gaining traction

  • AUD$ res at 0.6799 Friday high, 0.6806 upper 30-d Bolli, 0.6836 Jan 2 high

  • Supt 0.6768 Mon low, 0.6704 daily cloud top, 0.6692 23.6% of 0.6349-0.6799

  • Rising RSIs, August monthly bull hammer give techs a bullish lean

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!