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Jan 16 - 06:55 AM

AUD/USD - Respects 0.6250 Resistance After Aussie Jobs Beat

By Robert Howard  —  Jan 16 - 04:43 AM

• AUD/USD met fresh headwind pre-0.6250 after gain on Aussie employment beat

• Offers ahead of 0.6250 also capped rise on softer US core CPI data Wednesday

• There is a large 0.6250 option expiry on Friday; A$1.1 billion strike

• 0.6196 is low water-mark since the second failure by 0.6250

• US retail sales, jobless claims data due at 1330 GMT: 0.6% MM; 210k f/c

• Incoming Treasury Secretary Bessent's confirmation hearing starts 1530 GMT

AUDUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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