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Jan 29 - 07:24 AM

AUD/USD - Eases Towards 15-Week Low Before FOMC Event Risk

By Rob Howard  —  Jan 29 - 05:05 AM
  • AUD/USD drops to 0.6752 since scaling a two-day peak of 0.6777 in Asia

  • That peak was notched after slightly higher than expected Aussie CPI data

  • See: nL4N29X3Y7. 0.6736 was Tuesday's 15-week low, on China virus fears

  • AUD is liquid proxy for Asian risk. Virus toll crosses 130 nL4N29Y18Z

  • Fed monetary policy announcement 1900GMT, IOER in focus nL2N27S13X

  • RBA rate decision next week (Feb 4), unchanged cash rate verdict expected


AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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