By Robert Howard — May 08 - 05:45 AM
• AUD/USD drops to intra-week low 2.5 pips shy of 0.6400 on USD demand
• Greenback gains precede mooted trade deal news from Trump at 1400 GMT
• Support points below 0.6400 include 0.6372, 23.6% Fibo of 0.5910-0.6515
• 0.6515 was Wednesday's five-month high; 0.5910 was April's five-year low
• Wednesday's low was 0.6422, following relatively hawkish Fed rate hold
• U.S. weekly jobless claims data due at 1230 GMT; 230k forecast
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
