Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 14 - 07:55 PM

AUD/USD - Opens Little Changed As Risk Assets Recover In NY

By John Noonan  —  Aug 14 - 06:55 PM
  • AUD/USD opens -0.14% after recovering from a fresh 2023 low at 0.6454

  • Relative calm on Wall Street contrasted extreme risk-off mood in Asia nL1N39V2C6nL8N39V1EZ

  • Focus now shifts back to China's economy with retail sales and IP out today

  • July IP expected unchanged at +4.4% - retails sales +4.5% from 3.1% in July

  • Aus Wage Price index also out today - along with RBA minutes

  • AUD/USD resistance is at 0.6529 and break would ease downward pressure

  • Support is at 76.4 of 0.6170/0.7158 at 0.6403 with bids at 0.6450

  • Key will be mood in Asia equity markets after Monday's selloff

  • 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
© 2023 eFXdata · All Rights Reserved
!