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Jun 17 - 10:55 PM

AUD/USD - Gets Reprieve Ahead Chalmers Speech; FOMC Looming

By James Connell  —  Jun 17 - 09:53 PM

• AUD/USD +0.2% Wed, partly recovering from U.S.-Iran tension induced sell-off

• AU Chalmers outlining economic agenda at National Press Club 0230 GMT Wed

• FOMC decision 1800 GMT Wed, no change expected, statement will be main focus

• U.S. growth concerns, civil unrest, trade & debt issues still weigh on USD

• AU employment data due Thur, Reuters poll: +22.5k jobs, 4.1% unemployment

• AUD successive failures to break key 0.6550 resistance puts rally at risk

• Range early Asia 0.6470-925, support 0.6447 0.6390, resistance 0.6552
AUD Daily 200-DMA & Resistance Levels


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

Source:
London Stock Exchange Group | Thomson Reuters

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