By Andrew M Spencer — Jan 29 - 07:15 PM
Steady in a slow start, after closing -0.1% with an inside day on Friday
No Australian data or scheduled RBA events, so the USD, risk appetite lead
E-mini S&P futures -0.15% - cap risk appetite and AUD in early trading
RBAWATCH prices Feb 7, 25pt hike to 3.35% at 88.47%, after the strong CPI
With a 25pt hike almost a certainty, the RBA's outlook pivotal for the AUD
Upcoming rate decisions by the Fed, BOE and ECB key for risk/AUD this week
Charts; momentum studies, 21 day Bollinger bands, 5, 10 & 21 DMAs all climb
Bullish setup - close above 0.7136 August high to target 0.7282 June top
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary