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Mar 15 - 01:55 AM

AUD/USD - Drifts Lower As RBA Reiterates Dovish View

By Krishna K  —  Mar 15 - 12:59 AM
  • AUD/USD down 0.2% in Asia as U.S. 10-year yield nears 1-year high

  • Weighed down by optimism on U.S. economy, fears of higher global inflation

  • Fed meeting eyed this week; Yellen says U.S. inflation risk remains small

  • RBA's lower-for-longer Australian rates view undermines nL1N2LC0K9

  • Downside limited as China data beats expectations nL1N2LD02Z

  • Support 0.7725-30, 0.7690-0.7700, resistance 0.7775-80, 0.7800-05

  • For more click on FXBUZ


The 5-year, 5-year forward breakeven inflation rate: Click here

Source:
Refinitiv IFR Research/Market Commentary

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