By Krishna K — Nov 28 - 05:50 PM
AUD/USD likely to remain bid on dips as RBA continues to stay hawkish
RBA Governor Bullock says needs to be sure on inflation before cutting rates
Feb RBA 25bps cut chances at 20% from 27% before release of CPI Wednesday
Hot jobs market keeps rate cuts out of reach; 1st cut not priced in till May
Global trade and tariff concerns continue to weigh on sentiment, cap rallies
Thursday range 0.6477-0.6509; trading activity muted due to U.S. holiday
Support 0.6470-75, 0.6430-35, resistance 0.6505-10, 0.6525-30, 0.6550
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Source:
Refinitiv IFR Research/Market Commentary