eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• AUD/USD flat Fri, but remains 1.0% wtd on firming RBA rate hike bets
• Broad risk sentiment under extreme pressure amid rising AI trade worries
• RBA Governor Bullock speech Fri, Assistant Governor Hunter interview Sun
• Futures pricing implies 59.8% chance of Nov 3 RBA hike, up from 29% Tue
• Brent crude -0.2% to $112.96 a barrel, Gold -0.1% to $4,019 per ounce
• AUD needs clean break above 0.7033 100-DMA, next target 0.7075 55-DMA
• Range Asia 0.7012-20 support 0.6865 0.6834, resistance 0.7282
AUD Daily 21/55/100-DMA
Gold & Brent Crude Oil
(James Connell is a Reuters market analyst. The views expressed are his own.)