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Apr 28 - 07:55 PM

AUD/USD - Rallies As Tariff Concerns Haunt USD

By James Connell  —  Apr 28 - 06:51 PM

• AUD/USD approached 2025, 0.6439 high overnight, currently +2.9% for Apr

• USD under pressure ahead of key data amid continued trade policy uncertainty

• U.S. Apr consumer confidence due Tue, core GDP/PCE/jobs data later this week

• RBA's Kent speaking on AU external position and FX market 0205 GMT Tue

• AU Q1 CPI due Wed, will firm expectations around potential May RBA move

• Overnight range 0.63685-0.6435, support 0.6350-55, resistance 0.6440 0.6550
AUD Daily for 2025


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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