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Aug 24 - 10:55 PM

AUD/USD - Steady As RBA Minutes Reveal No Big Surprises

By James Connell  —  Aug 24 - 09:40 PM

• AUD/USD +0.1% Tue, RBA meeting minutes confirm willingness to hike if needed

• RBA Head of Domestic Markets David Jacobs speaking in Sydney 0400 GMT Tue

• AU Jul CPI due Wed, Reuters poll consensus +0.8% m/m, +3.3% y/y (headline)

• U.S. Jul PCE price index Wed, Reuters poll consensus +0.1% m/m, +3.6% y/y

• Fed Chair Warsh speech at Jackson Hole Fri potential highlight of the week

• Expanding Iran sanctions and U.S.-CA trade tensions lending USD support

• AUD break of 0.7200 resistance would open door to 0.72825 high from Jun 2022

• Range Asia 0.7149-59 support 0.6920 0.6866, resistance 0.7200 0.7277-82
AUD Daily 21/55/100-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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