By Krishna Kumar — Jan 21 - 05:15 PM
• AUD/USD opens unchanged, recovers from sharp fall Tue on Trump's tariff talk
• Lower U.S. yields, rally in global stocks attracts dip buyers
• Trump's better-than-feared tone on global trade stabilises markets
• Risk mood lifts as Trump refrains from imposing tariffs on 1st day in office
• Yuan gains, iron ore rally support AUD; focus shifts to Aus Q4 CPI next Wed
• Strong resistances at 0.6300-05, 0.6340-45, support 0.6230-35, 0.6200-05
• Tuesday range 0.62085-0.62885
AUD:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters