By Krishna K — May 04 - 09:10 PM
AUD/USD rallies 0.15% as risk sentiment recovers slightly in Asia
Apple Inc results beat expectations, helps ease global recession concerns
Increased Fed rate cut bets support as U.S. regional banks concerns rise
CME tool shows 65% probability of July cut though Fed only signaled a pause
RBA Statement of Monetary Policy & U.S. April employment report due Friday
SOMP watched for clues on RBA policy; one more 25bps hike expected in 2023
Resistance 0.6715-20, 0.6750, support 0.6675-80, 0.6650-55
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary