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TDUX
Sep 07 - 01:55 AM

AUD/USD - Steady In Asia, Markets Wary On Inflation

By James Connell  —  Sep 06 - 11:37 PM

• AUD/USD flat Mon as investors ponder global inflation and interest rates

• RBA officials Sarah Hunter and Andrew Hauser speaking in Sydney Tue

• Futures pricing implies 67.4% chance of Sep 29 RBA rate hike

• Aug U.S. inflation updates critical, PPI due Wed followed by CPI on Thur

• Trump's attempted interference with Fed policy having limited impact

• AUD targeting 0.72825 50-month high, topside potential rises markedly above

• Range Asia 0.7197-11 support 0.6920 0.6866, resistance 0.7215 0.7277-82
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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