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Oct 27 - 01:55 AM

AUD/USD - RBA Debelle's Comments On GDP To Add To Resilience

By Krishna K  —  Oct 27 - 12:50 AM
  • AUD/USD up 0.15% in Asia, displays resilience despite rising risk aversion

  • Ability to hold its ground likely to lead to test of 0.7158 resistance

  • RBA Dep Gov upbeat on Q3 GDP, plays down effects of Victoria lockdown

  • Australia GDP growth likely turned positive in Q3 -Debelle nS9N2FD00W

  • POLL-Australia's economy out of recession, but recovery path bumpy

  • Surging global virus cases, potentially disputed U.S. election to cap rise

  • Rally above 0.7160 opens move to 0.7190-95; support 0.7100-05, 0.7080-85

  • Related nL4N2HE2LS

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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