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Thomson Reuters
Mar 15 - 03:48 AM
AUD/USD - Holds Gains Made On Rekindled Hopes On Trade Talks
First appeared on eFXplus on Mar 15 - 02:20 AM
  • AUD/USD well bid into Europe after gaining on report of trade talks progress
  • Risk sentiment turns positive in Asia on news, Asian stocks trade higher
  • AUD upside progress slow as doubts on talks persist nB9N20G02GnL1N2110ZG
  • Falling AU bond yields, expectations of 25-bps cut in cash rate by Aug cap
  • POLL-As AU economy slows, predictions of a rate cut rise nL3N2111F9
  • Resistance 0.7102-05, stronger at 0.7115; support 0.7040, 0.7025, 0.7000-05

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Source:
Thomson Reuters IFR Markets

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