By James Connell — Jun 02 - 06:02 PM
• AUD/USD +0.9% since Fri close amid tariff uncertainty and softer U.S. data
• U.S. ISM manufacturing PMI misses (48.5 vs 49.5), contraction continues
• Renewed trade tensions, U.S. budget concerns also weighing on USD sentiment
• AUD back above 0.6440 200-DMA, needs clear break of 0.6550 to extend rally
• AU current account (poll -13.1 bln), RBA May meeting minutes 0130 GMT Tue
• Assistant Governor Sarah Hunter speaking later Tue, AU Q1 Real GDP due Wed
• Overnight range 0.64675-0.65004, support 0.6390 0.6355, resistance 0.6550
AUD Daily 200-DMA & Daily DXY
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters