• AUD/USD +0.4% from Mon 0.71085 low; Fed hike momentum to limit further gains

• Futures pricing now implies 93.2% probability of 25 bps hike by FOMC Wed

• DXY +0.4% late Mon & UST yields trade above 5% for first time since Oct 2023

• Brent crude +1.7% to $106.34 a barrel as Middle East deterioration continues

• RBA officials (including Bullock) before parliamentary committee on Fri

• AUD move toward 0.7080 100-DMA likely in coming sessions as downside opens

• Overnight range 0.71085-49 support 0.7080 0.6920, resistance 0.72825 0.7661
AUD Daily 21/100/200-DMA


DXY Daily 55-DMA

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