Derived Data That Drive Results
By Krishna K — Sep 22 - 06:35 PM
AUD/USD starts the week on a subdued note after closing 0.1% lower Fri
Consolidation sets in after failing to break the 9-month high of 0.6839
Fresh impetus required for further rise, RBA Tuesday may provide boost
RBA to reiterate hawkish stance as labour market resilient, inflation sticky
Diverging RBA-Fed expectations support, concerns over China's economy cap
Australia CPI Wednesday and U.S. PCE Price Index Friday key data this week
Resistance 0.6839, 2024 high, 0.6871 Dec high; support 0.6780-85, 0.6740-50
Friday range 0.67835-0.68285
For more click on FXBUZ
Reuters poll: Reserve Bank of Australia cash rate forecasts: Click here
Source:
Refinitiv IFR Research/Market Commentary
