Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 11 - 07:55 PM

AUD/USD - Support Holds Despite Weak CNH; Aus Jobs Data Key

By Krishna K  —  Dec 11 - 05:35 PM
  • AUD/USD opens unchanged despite higher U.S. yields and broadly firmer USD

  • Resilient to news that Chinese authorities are considering a weaker yuan

  • Takes higher U.S. yields & rising expectations of RBA Feb rate cut in stride

  • Australia's employment report due Thu, seen as key for RBA rate expectations

  • RBA ready to respond strongly should US tariffs hit global trade

  • Strong support base at 0.6340-0.6362, loss opens 0.6271, 2023 low

  • Resistance 0.6400-05, 0.6425-30; Wednesday range 0.6337-0.6389

  • For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!