Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 07 - 11:55 PM

AUD/USD - Bid With Higher Australian Yield Expectations

By Andrew M Spencer  —  Feb 07 - 11:05 PM

  • Trades near the top of a 0.6951-0.6970 range in a low ket Asian FX session

  • RBAWATCH prices yields to top out in Oct at 4.01%, from 3.8% post RBA

  • A 50 pt RBA hike on March 7 to 3.85% is priced at 44.67%, 25pt 55.33%

  • Significant change in expectations makes Friday's SOMP forecasts pivotal

  • Charts; momentum studies slide, 5, 10 & 21 day moving averages conflict

  • 21 day Bollinger bands contract - mixed signals leave a neutral setup

  • Resistance starts 0.6989 NY high, then 0.7003 21 day moving average

  • Earlier 0.6951 Sydney low, then 0.6886 NY low are initial supports

    For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!