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Jul 04 - 07:55 PM

AUD/USD - Buoyant Start To The Week As Focus Shifts To RBA

By Krishna K  —  Jul 04 - 07:03 PM
  • AUD/USD opens steady in Asia, holds its Fri post U.S. NFP data gains of 0.7%

  • U.S. jobs data mixed, strong h/l number but some components weaknL2N2OE1OW

  • Won't force Fed to begin unwinding easy money policies earlier than expected

  • RBA meets Tue, fate of 3-year yield target, bond buying scheme to be decided

  • POLL-RBA seen adopting 'flexible' QE, rate hikes seen in 2023nL3N2OB1QH

  • Resistance 0.7530-35, 0.7550-55, support 0.7495-0.7500,0.7470-75, 0.7445-50

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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