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Sep 04 - 07:55 AM

AUD/USD - Supported By Global Equity Gains Pre-RBA Event Risk

By Rob Howard  —  Sep 04 - 06:15 AM
  • AUD/USD has traded a 35.5 pip range thus far Monday; 0.6445 = intra-day low

  • 0.6445 is six pips above Friday's low (0.6522 was Friday's high)

  • Risk-sensitive AUD supported by global stock gains nL4N3AG1KOnL1N3AG0AL

  • RBA rate decision at 0430 GMT; third consecutive hold expected nL1N3AG0MB

  • Chevron, unions, begin mediation talks to avert Australia LNG strike

Source:
Refinitiv IFR Research/Market Commentary

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