Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 01 - 02:55 AM

AUD/USD - Eases After RBA Sticks To Dovish Script

By John Noonan  —  Jun 01 - 12:36 AM
  • AUD/USD easing after RBA unchanged and statement retained dovish bias nRBA

  • RBA repeated a rate hike unlikely until 2024 at the earliest

  • It traded to a high of 0.7769 earlier and was 0.7762 into the decision

  • The low since the decision/statement was 0.7736 - but is back t 0.7745/50

  • RBA statement was as expected, but some saw a risk they may be more upbeat

  • Support is at the 10-day MA at 0.7742 and close below eases upward pressure

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!