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Mar 30 - 10:55 PM

AUD/USD - Recovers From Monday Stop-Loss Run, US Concern Builds

By James Connell  —  Mar 30 - 08:40 PM

• AUD/USD bounces from early Mon sell-off after stops triggered below 0.6280

• Trump talking Sun, stoking trade tensions and geopolitical uncertainty

• U.S. treasury yields lower as tariff concerns build ahead Wed's reveal

• RBA policy meeting outcome due 0330 GMT Tue, OCR unchanged at 4.10% expected

• Monetary policy statement crucial, change to Feb's hawkish tone will impact

• AU Feb retail sales due Tue (poll +0.3% m/m), balance of trade Thur

• AUD range Asia 0.6269-0.62915, support 0.6260, resistance 0.6390 0.6415
Monday S/L run AUD


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

Source:
London Stock Exchange Group | Thomson Reuters

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