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May 03 - 08:55 AM

AUD/USD - RBA Influence Wanes, Fed Coming Into Focus

By Christopher Romano  —  May 03 - 07:20 AM
  • RBA surprises with 25 bps hike, says more hikes likely to come nL2N2WV05D

  • Aussie yields AU3YT=RRYTTc1 rally, Aussie dollar goes broadly bid

  • AUD/JPY rallied above 92.90, EUR/AUD neared 1.4725, AUD/USD hit 0.7148

  • AUD/USD gains erode in Europe am, US$ buoyed on rate EDM3US2YT=RR gains

  • USD/CNH rally toward 6.7000, equity ESv1 slide help AUD/USD drop

  • NY opens near 0.7080, up 0.55% on the session & techs lean bullish

  • Daily, monthly RSIs now rising, monthly doji forms for May

  • Fed risk looms; 50 bps hike, BS plan reveal expected nL2N2WU1E0

  • For more click on FXBUZ

audusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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