By James Connell — Feb 24 - 08:13 PM
• AUD/USD pressed lower in early Asia as USD buying emerged against majors
• Trump re-iterated tariffs rapidly incoming; U.S. inflation fears re-kindled
• Talk of USD month-end-fix demand may hurt AUD sentiment heading into Fri
• Light data calendar unlikely to provide material short-term support
• U.S. consumer confidence Tue; AU m/m CPI indicator Wed, quarterly capex Thur
• AUD Range 0.63365-0.6349, support 0.6330, resistance 0.6415
AUD midday
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters