By Krishna K — Aug 07 - 08:05 PM
AUD/USD down 0.1% in Asia as rally fizzles, return of risk aversion weighs
Closed unchanged Wednesday after failing to sustain earlier gains of 0.85%
Undermined by weak close on Wall Street as tech stocks pulled indexes lower
Nasdaq futures -0.7%, Nikkei futures-3.3%, JPY +0.35% Thu as Asia sells risk
RBA's Bullock speech on economic conditions in post-pandemic Australia eyed
Support 0.6500-05, 0.6470-80, resistance 0.6545-50, 0.6570-75
Wednesday global range 0.65745-0.65105; Asia Thu range 0.6508-0.65185
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Source:
Refinitiv IFR Research/Market Commentary