By Krishna K — Nov 21 - 05:15 PM
AUD/USD settles into a 0.6480-0.6530 range within broader 0.6450-0.6550 band
Supported on dips by RBA's hawkish stance and stabilization in commodities
Scaling back of Fed rate cut expectations, geopolitical tensions cap upside
AUD gains robustly on crosses as RBA policy diverges from many other c.banks
EUR/AUD hits 7-week low, GBP/AUD at 6-week low, AUD/NZD at a near 4-mth high
AUD/JPY steadies above 100.00, Japan CPI Friday key for direction
Support 0.6480-85, 0.6440-50, resistance 0.6530, 0.6545-50, 0.6565
Thursday range 0.6498-0.6532
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary