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Jun 01 - 11:55 PM

AUD/USD - Under Gentle Pressure - No Reaction To Aus Trade Data

By John Noonan  —  Jun 01 - 10:15 PM
  • AUD/USD trading below 0.7170 as risk-off mood in Asia weighs

  • AXJ equity index is down 1.15% after weak lead from Wall Street

  • Aus trade surplus for April slightly higher than expected nAZN065606

  • AUD/USD not reacting to the data as it doesn't impact RBA expectations

  • Support is at 10-day MA at 0.7133 and break would shift pressure to downside

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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