By Refinitiv — Mar 05 - 04:58 PM
• AUD/USD broke 0.6330 resistance overnight, as EUR surged higher
• EUR/USD +1.5% Wed on proposed DE fiscal expansion & U.S. tariff flexibility
• Slow off the mark, AUD is now up 2.1% this week, looking to extend its rally
• China stimulus announced Wed should provide further support to the pair
• AU Jan building approvals (poll +0.5%), balance on goods (poll +5.5 bln)
• Overnight AUD range 0.62635-0.63425, support 0.6190, resistance 0.6415
AUD and EUR mng
AUD mng
Source:
London Stock Exchange Group | Thomson Reuters