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Feb 04 - 09:48 PM

AUD/USD - Little Change After Lowe Comments

By John Noonan  —  Feb 04 - 08:45 PM
  • AUD/USD edged above 0.6730 after comments from the RBA's Lowe

  • Comments relatively upbeat, as was the RBA statement yesterday

  • RBA sees economy largely unaffected by the bush-fires

  • RBA remains focussed on Aus employment and inflation data nS9N28T01C

  • AUD/USD weakened before the Lowe comments on AUD/JPY selling

  • Hourly support around 0.6705 and break would ease upward pressure

  • Resistance at the 10-day MA @ 0.6751 and break would suggest bottom in place





aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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