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Dec 05 - 09:55 PM

AUD/USD - Firms In Early Asia - Aus Data Ignored

By John Noonan  —  Dec 05 - 07:45 PM
  • AUD/USD better bid early Asia, as USD gives back some overnight gains

  • Market ignoring massive downside miss in Aus current account for Q3 nAZN0T7HXJ

  • Net Aus exports impact on Q3 GDP to be released Wednesday a bit better than expected nAZN0T7HXI

  • AUD/USD support at the 21-day MA at 0.6689 with bids at 0.6690

  • Resistance is at the 10-day MA at 0.6740 and break would ease pressure

  • AUD/USD unlikely to wander too far ahead of RBA decision today nL4N32V03B

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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