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Aug 03 - 10:55 PM

AUD/USD - No Reaction To Retail Sales And Trade Data

By John Noonan  —  Aug 03 - 09:40 PM
  • AUD/USD remains heavy around 0.7110/15 and not reacting to Aus data nAZN0MQY00nAZN0NQY00

  • Aus retail sales better than expected, but it is before Melbourne lock-down

  • AUD/USD support at former trend high at 0.7069 and 21-day MA at 0.7062

  • USD broadly bid as USD/JPY broke above 106.00 on Tokyo buying

  • RBA later today, but decision statement unlikely to move the market

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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