Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 06 - 02:55 AM

AUD/USD - Holds O/n Gains, RBA Reiterates Dovish Stance

By Krishna K  —  Apr 06 - 01:40 AM
  • AUD/USD unchanged in Asia after trading a narrow 0.7631-0.7660 range

  • Holds ground after rallying overnight versus a broadly weaker U.S. dollar

  • Failure of U.S. yields to rise despite strong U.S. economic data supports

  • Many analysts feel bullish U.S. economic outlook largely priced in

  • Upside capped by optimism on sizable U.S. fiscal stimulus & vaccine rollout

  • Australia c.bank hold rates at 0.1%, cautious on housing boom nL1N2LZ06Q

  • Resistance 0.7660-65, 0.7680-85, support 0.7625-30, 0.7600-05

  • For more click on FXBUZ


COMMODITIES-AUSTRALIA: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!