By Krishna K — Sep 03 - 05:10 PM
AUD/USD starts week on a cautious note after closing 0.5% lower Friday
Higher U.S. yields, higher-for-longer Fed rate views weigh
U.S. jobs report pointing to a soft landing for economy undermines
Failure to sustain rallies above 0.6500 weakens technical picture further
Positive China news may support as authorities move to shore-up confidence
Country Garden wins bond extension in relief for China's property sector
China will widen market access for the service industry - President Xi
China ramps up economic support; PBOC cuts banks' FX reserve ratio Friday
RBA rate meeting Tue, central bank expected to keep rates steady
Support 0.6440, 0.6410, resistance 0.6480, 0.6500; Fri range 0.6522-0.6450
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary