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TDUX
Oct 27 - 05:55 PM
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AUD/USD - Remains Resilient Ahead Pivotal Inflation Update

By James Connell  —  Oct 27 - 04:41 PM

• AUD/USD +0.2% from Tue 0.70099 low despite resurgent USD index (+0.4% Tue)

• AU Q3 CPI release 0030 GMT, Reuters poll consensus 1.2% q/q, +3.9% y/y

• Contingent of RBA officials (including Bullock) before senate committee Wed

• FOMC widely expected to hold FFR steady Wed, dialogue will be critical

• WTI -1.7% as Middle East peace hopes temper supply fears for time being

• AUD sellers between 0.7033 100-DMA & 0.7055 200-DMA capping topside moves

• Range Asia 0.70125-40 support 0.6865 0.6834, resistance 0.7053 0.7282
DXY Daily 55/100/200-DMA


AUD Daily 21/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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