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Dec 23 - 01:55 AM

AUD/USD - Inches Higher On Better Risk Appetite, Upside Limited

By Krishna K  —  Dec 22 - 10:35 PM
  • AUD/USD up 0.1% in cautious Asia trading as risk sentiment stays buoyant

  • Wall Street futures rally as benign US inflation stokes Fed rates optimism

  • Fed policymakers see slower rate-cut path next year but not averse to cuts

  • S&P E-Mini +0.3%, ASX 200 +1.3% as markets hopeful of a Santa Claus rally

  • 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 0.6275-80, 0.6300-05

  • Asia range 0.6244-0.6260

  • For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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