By Krishna Kumar — Jan 29 - 05:19 PM
• AUD/USD opens 0.4% lower as Fed seen in no hurry to restart rate cuts
• Fed leaves rates unchanged, officials wait for clarity on Trump policies
• An on-hold Fed contrasts with rising expectations of RBA Feb rate cut
• RBA Feb rate cut probability jumps to 77% from 65% after being CPI Wed
• Trump tariff threats also weigh as Feb 1 deadline for China tariffs loom
• Support 0.6200-10, 0.6165-70, resistance 0.6255-60, 0.6280-85
• Wednesday range 0.62105-0.6255
America's biggest trade partners face a nervy wait as Trump tariffs loom:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters