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Sep 22 - 10:55 PM

AUD/USD - Drops Below 0.7150 On RBA Easing Expectations

By John Noonan  —  Sep 22 - 09:10 PM
  • AUD/USD spiked lower after West Pac said RBA to cut the cash rate in October

  • West Pac note said RBA to cut cash tare to 10 BPs from the current 25 BPs

  • AUD/USD has traded down to 0.7130 and next support is at 0.7060/70

  • AUD/USD especially vulnerable after Fed's Evans was less dovish yesterday

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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