Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 16 - 05:55 PM

AUD/USD - Retreats As Wall Street Drops On Rate-Hike Concerns

By Krishna K  —  Feb 16 - 05:05 PM
  • AUD/USD offered in Asia after falling 0.4% Thu on rising risk aversion

  • Tight U.S. labor market, sticky inflation reinforce Fed's higher rate stance

  • Fed officials say more rate hikes key to lowering inflation

  • Higher U.S. yields, sharply lower Wall Street weigh on AUD; E-Mini down 1.5%

  • US-Australia economic data diverge; fall in AU employment undermines AUD

  • AUD drop limited as hawkish RBA offsets Fed; Thu range 0.68405-0.6937

  • RBA governor Lowe's parliamentary testimony awaited Friday

  • Support 0.6830-40, 0.6800-10, resistance 0.6910, 0.6935-45

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!