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Dec 03 - 01:55 AM

AUD/USD - Falls To 13-Mth Low; RBA-Fed Rate Expectations Diverge

By Krishna K  —  Dec 02 - 11:58 PM
  • AUD/USD drops 0.3% as Fed officials show greater consensus for faster taper

  • Heads for 5th week of losses as RBA meeting looms Tuesday nL4N2SO0B0

  • Robust U.S. economic data weighs; Nov U.S. jobs data awaited FrinL1N2SN27Y

  • Omicron concerns undermine risk currencies; AUD/JPY down 0.3% to 2-month low

  • 0.70625 trades Fri in Asia, new 2021 low; 38.2% of 2020-2021 rally @ 0.7053

  • Stronger support at 0.6990-0.7000; resistance 0.7115-20, 0.7150

  • For more click on FXBUZ


aud/usd: Click here

Source:
Refinitiv IFR Research/Market Commentary

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