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Thomson Reuters
May 15 - 08:36 PM
AUD/USD - Fails To Benefit From Easing Trade Concerns
First appeared on eFXplus on May 15 - 07:05 PM
  • AUD/USD languishes at lows, awaits crucial AU April employment data Thursday
  • Ignores better risk tone, easing trade concerns
  • Weighed down by stagnant AU wage growth, disappointing China data Wednesday
  • Annual wage growth well below RBA's desired minimum 3%, rate cut calls rise
  • Investors brace for weak employment data after NAB employment index slid Tue
  • Ratchet towards 0.6852, 76.4% of Jan rise likely; resistance 0.6960, 0.6980

aud 2: Click here

Source:
Thomson Reuters IFR Markets

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