eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• AUD/USD +0.2% Thur as focus returns to hawkish stance ahead of RBA meeting
• Futures pricing puts chances of OCR hike on Tue at 80.4%, statement pivotal
• Strait of Hormuz impasse continues, oil surges on refreshed supply concerns
• FOMC keeps statement easing bias despite rising dissent, FFR unchanged
• U.S. initial jobless claim (poll 215k), Mar PCE & Q1 GDP advance due Thur
• AUD challenge of major 0.7250-85 resistance zone possible in coming sessions
• Range Asia 0.71145-33, support 0.6834 0.6660, resistance 0.7250 0.7283
AUD Daily 55-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)