By James Connell — Mar 23 - 11:50 PM
• AUD/USD settles mid-range in Asia as sugar-hit from Ukraine talks wears off
• AUD survived early downside test before spiking, briefly touching 0.6295
• Optimism surged as U.S. flagged Apr 20 hope for Ukraine truce agreement
• The pair sits close to the 55-DMA, seeks inspiration for next leg
• AU
federal budget
due Tue, Feb CPI Wed (poll 2.5% CPI y/y)
• RBA meeting Mar 31-Apr 1 a growing focus, no OCR change expected
• Range Asia 0.6262-95, support 0.6260 0.6190, resistance
0.6390
0.6415
AUD eod
AUD eod
(James Connell is a Reuters market analyst. The views expressed
are his own.)
Source:
London Stock Exchange Group | Thomson Reuters