By James Connell — Feb 27 - 08:12 PM
• AUD/USD remains pressured near 0.6230 support, following overnight fall
• Trump stated Mexico/Canada tariffs start Mar 4; floated extra 10% for China
• AUD volatility catalysts plentiful in short term
• Traders wary of potential month-end-fix selling; U.S. PCE data due Fri
• China manufacturing PMI due Sat, Reuters poll forecast 50.0 (Jan 49.1)
• AU next week: RBA minutes, current account, retail sales, GDP, trade
• Asia range 0.62281-0.6238, support 0.6230, resistance 0.6320-30 0.6415
AUD midday
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters