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Thomson Reuters
Mar 12 - 02:36 AM
AUD/USD - Struggles To Rally Despite Asia's Cheerful Mood
First appeared on eFXplus on Mar 12 - 01:05 AM
  • AUD/USD gains muted, fails to feed off Asia's voracious risk appetite
  • No boost from Brexit optimism, China stimulus talk, wait-and-see Fed
  • MSCI AXJ +1.1% as China, U.S. discuss key issues in trade talks nB9N1YN02A
  • Lacklustre domestic data turns focus on to struggling Australian economy
  • AU NAB business conditions slip in Feb, housing finance data disappoints
  • RBA's Debelle speaks later Thur; resistance 0.7081, 0.7100; support 0.7050

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