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TDUX
Jun 03 - 10:55 PM

AUD/USD - Steadies, Goods Exports Recover In April

By James Connell  —  Jun 03 - 09:37 PM

• AUD/USD +0.1% Thur, activity subdued as markets calibrate Iran developments

• AU Apr balance on goods +1.79 bln (poll +1.8 bln), exports +7.2% m/m

• RBA officials Bullock, Hunter & Kent appear before Senate Committee 0500 GMT

• Iran war re-escalation keeps sentiment subdued, DXY +0.3% from Wed 99.19 low

• U.S. says Lebanon & Israel agreed to ceasefire, but markets remain sceptical

• AUD 0.7080-0.7200 channel tough to break without new catalyst

• Range Asia 0.7126-375, support 0.7080 0.6834, resistance 0.7200 0.7283
AUD Daily 55-DMA


DXY Daily 55-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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