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TDUX
Oct 14 - 11:55 PM
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AUD/USD - Softer As RBA Hike Bets Falter On Jobs Anxiety

By James Connell  —  Oct 14 - 10:14 PM

• AUD/USD -0.3% Thur as AU jobs data disappointment cools RBA hike bets

• Sep unemployment printed 4.7% (poll 4.6%), while Aug was revised up to 4.7%

• Futures pricing implies 87.6% chance RBA stands pat on OCR at Nov meeting

• FOMC FFR hike bets firm in wake of Wed's warmer U.S. CPI release

• AI trade wobbles as the threat of higher borrowing costs hits home

• U.S. considers easing sanctions on Iranian vessels, WTI -1.5% in Asia

• AUD targets 0.6865 support zone, break below would accelerate downswing

• Range Asia 0.69444-795 support 0.6865 0.6834, resistance 0.7006 0.7282
AUD Daily 21/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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