By Krishna K — Dec 22 - 03:55 PM
AUD/USD opens with a better tone after closing 0.2% higher on Friday
Supported by lower US yields and broadly weaker USD on benign US inflation
US consumer spending solid; inflation showing progress as year ends
Fed policymakers see slower rate-cut path next year
Weak Chinese economy, lower commodities likely to cap recovery attempts
RBA Dec meeting minutes Tue eyed to ascertain extent of c.bank's dovish tilt
Support 0.6200-05, 0.6170, 2022 low, resistance 0.6270-75, 0.6300-05
Friday range 0.6215-0.6274
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters