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TDUX
Oct 20 - 09:55 PM
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AUD/USD - Firms After RBA Sends Hawkish Smoke Signal

By James Connell  —  Oct 20 - 08:23 PM

• AUD/USD +0.1% Wed after RBA's Hauser says inflation outlook materially worse

• Futures pricing implies 42.7% chance of Nov RBA hike, up from 29% late Tue

• RBA Governor Bullock speech Fri, Assistant Governor Hunter interview Sun

• AUD extending toward 0.7034 100-DMA, upswing may accelerate above

• Brent crude +0.6% to $109.46 a barrel in Asia, gold -0.1%, DXY +0.1%

• France to deploy military in response to civil unrest, markets remain wary

• Range Asia 0.70045-121 support 0.6865 0.6834, resistance 0.7282
AUD Daily 21/55/100-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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