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Mar 29 - 07:55 PM

AUD/USD - Resilient To USD Strength, More Cross Gains In Store

By Krishna K  —  Mar 29 - 05:39 PM
  • AUD/USD opens unchanged despite broadly stronger USD, posts gains vs. peers

  • Supported by optimism on global economic recovery, China growth prospects

  • Strong indl activity, profit lift China steel futures, AUD +ve nL1N2LR0DS

  • AU sees record $104 bln iron ore exports this financial year nL1N2LQ0L0

  • Biden multitrillion-dollar infrastructure spending plan Wed eyednL1N2LM1P1

  • Resistance 0.7670-75, 0.7700-05, support 0.7600-10, pivotal at 0.7564

  • For more click on FXBUZ


Robust iron ore prices have sent Rio, BHP shares soaring: Click here

Source:
Refinitiv IFR Research/Market Commentary

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