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Thomson Reuters
Aug 10 - 12:12 AM
AUD/USD - USD The Driver As RBA's SOMP Offers No New Clues
First appeared on eFXplus on Aug 09 - 09:55 PM
  • AUD/USD little changed after no surprises in SOMP nRUA9JEE33
  • Aussie remains pressured by the falling NZD/USD nL1N1V101H
  • Still within familiar ranges and dependant on USD driven moves
  • Strong support at 0.7311/0.7327, bears need a close below this zone
  • Recent test of 0.7464/84 resistance zone undermined by dovish RBNZ Thurs
  • US CPI later today likely to be main USD driver, UST yields soft so far

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