eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Oct 18 - 11:55 PM
–

AUD/USD - Firms After China Q3 GDP Beats Expectations

By James Connell  —  Oct 18 - 10:35 PM

• AUD/USD +0.4% Mon, buoyed by better than anticipated CN data suite

• CN Q3 GDP +1.2% (poll +1.1%), Sep retail sales +1.1% (poll +0.6%)

• AUD/EUR buyers drove AUD rally early Mon as ongoing FR riots cause anxiety

• RBA Assistant Governor Kent says labour market looser than forecast

• RBA Deputy Governor Andrew Hauser speaks at Citi investment conference Wed

• AUD remains stuck in downtrend, current upswing unlikely to extend very far

• Pair targeting 0.6865 support zone, break would open downside significantly

• Range Asia 0.6945-80 support 0.6865 0.6834, resistance 0.6995 0.7282
AUD Daily 21/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
By continuing to browse our site, you agree to our use of cookies, Privacy Notice, and Terms of Service.
© 2026 eFXdata · All Rights Reserved