By James Connell — Mar 13 - 05:39 PM
• AUD/USD lower overnight as EUR dipped and U.S. equities continued to slide
• German spending package optimism wavered, acceptance debate ongoing/vote Tue
• Failure would leave formation of a conservative/SPD coalition in disarray
• Trade concerns continue; Trump threatened 200% tariff on EU alcohol imports
• Benign U.S. data overnight; China industrial output, retail sales due Mon
• AUD trading toward bottom of weekly range, support 0.6260, resistance 0.6415
• Overnight AUD range 0.6269-0.6301
AUD mng
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters