Derived Data That Drive Results
By Krishna K — Apr 30 - 04:35 PM
AUD/USD on the defensive in early Asia after closing 0.2% lower Friday
Weighed down by U.S. inflation data which backs a Fed rate hike on May 3
Undermined by expectations that RBA will keep its rate unchanged at 3.6% Tue
China factory activity unexpectedly cools in Apr, to weigh on AUD sentiment
PNC, JPM putting in final bids for First Republic in FDIC auction -sources
Labour Day holiday in many Asian & European centers Mon will limit activity
Friday range 0.6643-0.6572; support 0.6565-75, resistance 0.6635-45
For more click on FXBUZ
Reuters poll: Developed economies 2023 inflation outlook Reuters poll: Click here
Source:
Refinitiv IFR Research/Market Commentary
