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Mar 05 - 07:55 AM

AUD/USD - Below 0.65 Before US Data On Super Tuesday

By Rob Howard  —  Mar 05 - 05:50 AM
  • AUD/USD has held sub-0.65 since its late Asian session fall to 0.6477

  • 0.6477 is lowest level since Feb 14 (0.6447 was low that day)

  • Drop to 0.6477 followed relatively cautious report from China's NPC

  • Hang Seng closed down 2.6% (Australian dollar is risk-sensitive)

  • Trump set to dominate Super Tuesday. ISM services index due 1500 GMT; 53 f/c

  • Australia Q4 C/A surplus A$11.8 billion vs A$5.6 billion f/c nL2N3FJ02K

Source:
Refinitiv IFR Research/Market Commentary

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