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TDUX
Nov 09 - 09:55 PM
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AUD/USD - Softens As Sentiment Surveys Paint Dreary Picture

By James Connell  —  Nov 09 - 07:40 PM

• AUD/USD -0.1% Tue in Asia but remains elevated amid broader USD weakness

• Westpac AU Nov consumer sentiment hits a 4-year low at -2.7% (prior -4.7%)

• NAB AU Oct business confidence falls to 6-year low of -15 (prior -13)

• WTI -0.5% to $86.42 a barrel as Trump continues to flag restraint on Iran

• Futures pricing now implies 83.8% probability of Fed rate hike on Dec 9

• Range Asia 0.6917-29 support 0.6835 0.6662, resistance 0.7140 0.7282
AUD Daily 21/55/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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