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TDUX
Nov 02 - 08:55 PM
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AUD/USD - Firms Slightly As RBA Decision Looms Large

By James Connell  —  Nov 02 - 07:42 PM

• AUD/USD +0.1% Tue, RBA meeting outcome 0330 GMT, with 25 bps hike expected

• Investors wary of U.S. midterm elections, with control of Congress at stake

• AI trade concern heaps pressure of broader risk sentiment, Nasdaq down 1.1%

• WTI -0.2% to $96.28 a barrel in Asia following outsized overnight fall

• RBA Deputy Governor Andrew Hauser speaking at ANU Canberra Thur

• AUD break above 0.7069 55-DMA would open window for challenge of 0.7140

• Range Asia 0.6995-0.70035 support 0.6865 0.6834, resistance 0.7140 0.7282
AUD Daily 21/55/100-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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