eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• AUD/USD -0.5% from Tue 0.70035 high, market focus on U.S. midterm elections
• RBA to remain reactive to data in wake of Tue's widely expected hike
• AU Sep and Q3 household spending due 0030 GMT (prior +0.0% m/m, +0.7% q/q)
• RBA Deputy Governor Andrew Hauser speaking at ANU Canberra Thur
• U.S. & Iran remain far apart on potential peace deal as hostilities continue
• AUD finding support near 0.6966 52-WMA, clean break would invigorate bears
• Overnight range 0.6962-97 support 0.6865 0.6834, resistance 0.7140
0.7282
AUD Weekly 52-WMA
(James Connell is a Reuters market analyst. The views expressed are his own.)