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Mar 06 - 07:55 AM

AUD/USD - Nudges Up To 21DMA Pre-Powell Testimony, JOLTS Data

By Rob Howard  —  Mar 06 - 05:40 AM
  • AUD/USD rises to 0.6525 ahead of Fed Chair Powell's testimony at 1500 GMT

  • 0.6525 is the 21-day moving average, and the highest level since Monday

  • 0.6521 was Tuesday's high, after USD fell on US ISM services index miss

  • 0.6535 was Monday's high. US JOLTS data also due at 1500 GMT, 8.9M f/c

  • ADP jobs data due 1315 GMT; 150k f/c. Australia Q4 GDP up 0.2% vs 0.3% f/c

  • Biden's post-Super Tuesday message: It's Trump or me, folks nL2N3FK0KR

Source:
Refinitiv IFR Research/Market Commentary

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