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Jun 30 - 02:55 AM

AUD/USD - 0.7500-10 Support Vulnerable On Lack Of Bounce

By Krishna K  —  Jun 30 - 01:14 AM
  • AUD/USD maintains a tenuous hold above 0.7500-10 support in cautious Asia

  • Lockdown measures extended in Australia, dampens sentiment nL2N2OC029

  • Slow vaccine rollout weighs, only 5% of population fully vaccinated

  • Sydney lockdown seen slicing 0.1% off Australia's GDP nL2N2OA06M

  • POLL-RBA seen adopting 'flexible' QE, rate hikes seen in 2023 nL3N2OB1QH

  • Loss of 0.7500 opens 0.7480 & 0.7465; resistance 0.7545-50, 0.7570-75

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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