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TDUX
Sep 15 - 01:55 PM

AUD/USD - Near Trend Lows Despite Oil Rise, Ahead Of Fed Decision Wednesday

By Paul Spirgel  —  Sep 15 - 01:11 PM

• AUD$ holds slight loss in NY afternoon, -0.12% at 0.7132; NorAm range 0.7134-0.7124

• FX market subdued ahead of Fed rate decision Wednesday; more action in bonds, oil

• Oil rise tempers AUD weakness, though broader risk-off stirs haven flows into USD

• Alt-CCY BTC hit hard on rising rate expectations, gold dip less austere

• RBA also seen on hawkish path, LSEG's IRPR prices 1.4 rate hikes by Dec meeting

• AUD$ res 0.7141 Tuesday high, 0.7173 daily conversion line, 0.7200 psychological lvl

• Supt 0.7109 daily low Sept 14, 0.7100 big-figure support, 0.7080 the 100-DMA
AUD$ Chart:


(Paul Spirgel is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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