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Jun 22 - 02:55 AM

AUD/USD - Rebound Falters, Traders Brace For Powell Testimony

By Krishna K  —  Jun 22 - 01:01 AM
  • AUD/USD down 0.25% in Asia as stale longs seize on Monday rebound to sell

  • Traders reevaluate extent of Fed hawkish tilt as officials open taper debate

  • Fed Chairman Powell's testimony keenly awaited Tuesday nL2N2O31HY

  • AUD rallies capped as Fed change of tone contrasts with doggedly dovish RBA

  • Plunging China iron prices dampens AUD sentiment further nL2N2O405O

  • sUPPORT 0.7400-05, 0.7375-80, 0.7460-65, resistance 0.7545-50, 0.7585-90

  • For more click on FXBUZ


Rising economic optimism: Click here

Source:
Refinitiv IFR Research/Market Commentary

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