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Aug 01 - 11:55 PM

AUD/USD - Slips Lower As AUD/JPY Sales And Weak Equities Weigh

By John Noonan  —  Aug 01 - 09:40 PM
  • AUD/USD eased to 0.7009 when heavy AUD/JPY selling out of Tokyo went through

  • AXJ index -0.85% on geopolitical concerns related to Pelosi Taiwan visit nL1N2ZD0VP

  • AUD/USD buyers ahead of 0.7000 underpin and it is settling above 0.7015

  • Strong resistance around 0.7055 where a double-fibo has formed

  • Market unlikely to wander too far ahead of RBA decision later today nL4N2ZD08U

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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