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Aug 26 - 07:55 PM

AUD/USD - Opens Lower After Hawkish Fed Speak Underpins USD

By John Noonan  —  Aug 26 - 06:41 PM
  • AUD/USD opens 0.52% lower after hawkish comments from Fed members nL1N2PX1ZK

  • Weak close on Wall Street particularly weighed on risk currencies nL1N2PX2MY

  • AUD/USD sellers around 0.0.7280 while 21-day MA at 0.7300 is resistance

  • Bids are tipped around 0.7230 and 0.7225 break targets week's 0.7200 low

  • Aus July retail sales out today, but unlikely to significantly impact AUD

  • AUD/USD likely to consolidate between 0.7230/60 ahead of Powell speech

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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