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TDUX
May 18 - 07:55 PM

AUD/USD - Firms Amid Hazy Perception Of Middle East Progress

By James Connell  —  May 18 - 05:38 PM

• AUD/USD +0.7% from Mon 0.71181 low as DXY & UST yields retreat slightly

• RBA Assistant Governor Hunter speaks Tue on inflation & Middle East war

• RBA's May monetary policy meeting minutes scheduled for 0130 GMT release

• Iran sends new peace proposal, Trump claims to have paused planned attack

• AUD 0.7100 support the key inflection point short term, pair remains soft

• AU Apr employment update Thur, Reuters poll: +17.5k jobs, 4.3% unemployment

• Overnight range 0.7143-839, support 0.7100 0.6834, resistance 0.7283 0.7661
AUD Daily 55-DMA


DXY Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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