Derived Data That Drive Results
By John Noonan — Jun 07 - 12:40 AM
AUD/USD up over half a cent after RBA raised the cash rate 50 BPs to 0.85% nAZN06RYW4
The market was positioned for either a 25 BP or 40 BP hike
The RBA statement clearly pointed to more rate hikes in this cycle nS9N2WQ043
AUD/USD traded as high as 0.7248 with resistance at the 200-day MA at 0.7257
Price is settling around 0.7230/35 but remains bid
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aud/usd Click here
Source:
Refinitiv IFR Research/Market Commentary
