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Feb 21 - 09:55 PM

AUD/USD - Slips Lower After Aus Wage Data Softer Than Expected

By John Noonan  —  Feb 21 - 07:40 PM
  • AUD/USD spiked down to 0.6833 from 0.6860 after Aus WPI softer than expected nAZN12T0LC

  • It has settled around 0.6845/50 as bids returned to steady the price action

  • The RBA has been hawkish in recent messaging and may be relieved wage inflation may be moderating

  • Key support is at the 200-day MA at 0.6804 with bids eyed around 0.6810

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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