Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Sep 30 - 08:36 PM
AUD/USD - Resilient But Nervous Into RBA
First appeared on eFXplus on Sep 30 - 06:20 PM
  • AUD/USD maintains tenuous foothold above 0.6739 support as risk events loom

  • Probability of 25bp RBA cut today @ 78.5% RBAWATCH; mostly priced in

  • More cuts expected, rates seen at 0.5% by early 2020 nL3N26H0QOfrom 1% now

  • RBA statement today key, bears need c.bank to maintain strongly dovish tilt

  • Governor Lowe remarks later in Melbourne will be watched nL2N26L0NZ

  • Support 0.6740, 0.6729, strong @ 0.6675-85; resistance 0.6800-10, 0.6820-25


Australia's sliding consumer, business sentiment: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!