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Jul 02 - 11:00 PM
AUD/USD - Little Change After Solid Aus Trade Data
First appeared on eFXplus on Jul 02 - 09:45 PM
  • Aus trade surplus for May slightly higher than expected nS9N21K013
  • RBA Governor Lowe mentioned improving terms of trade in speech yesterday
  • RBA focus on spare capacity in labour market and potential global headwinds
  • AUD/USD consolidating with sellers at 0.7000 capping for now
  • Support around 0.6965/75 with bids tipped to be in that window
  • AUD/USD could consolidate/range trade until Friday's US non-farm payrolls

eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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