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Sep 24 - 08:36 AM
AUD/USD - Up To Eye Friday's High After Lowe Talks RBA Rates
First appeared on eFXplus on Sep 24 - 06:30 AM
  • AUD/USD ascends to threaten 0.6809 (Friday's high) after Lowe speaks

  • RBA Governor says further policy easing may be required nS9N1SP02B

  • Probability of Oct 1 RBA cut down to 60% vs 80% pre-Lowe (RBAWATCH/Eikon)

  • 0.6766-0.6786 was Asia range, respected through the European am (pre-Lowe)

  • Recent AUD losses were spurred by a dovish shift in RBA expectations

  • 0.6760 was Friday's two-week low. 0.6766-0.6781 was Monday's range

AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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