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May 17 - 11:55 PM

AUD/USD - Eases After Aus WPI Softer Than Expected

By John Noonan  —  May 17 - 09:40 PM
  • AUD/USD slipped from 0.7035 to sub 0.7015 after softer than expected Aus WPI nAZN041C6X

  • Miss was slight - so it is unlikely to shift RBA expectations significantly

  • Support is @ the 10-day MA @ 0.6983 and break shifts pressure to downside

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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