By Krishna K — Dec 19 - 10:35 PM
AUD/USD down 0.2% in cautious Asia, hovers nears 2-yr low of 0.6199 hit Thu
Robust U.S. economy, hawkish Fed rate outlook, elevated U.S. yields cap
Weak Chinese economy, lower commodities continue to undermine AUD
Profit-taking on AUD/JPY weighs as traders book profits after 2% o/n rally
U.S. core PCE price data awaited Friday for further clues on Fed policy
Support 0.6200-05, 0.6170, 2022 low, resistance 0.6270-75, 0.6300-05
Asia range 0.6220-0.6239
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters