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Jul 22 - 07:55 AM

AUD/USD - Within Strike Of 0.69 Amid Fed-RBA Hike Focus

By Rob Howard  —  Jul 22 - 05:55 AM
  • AUD/USD has traded 30 pip range since 0500 GMT; 0.6894-0.6924

  • 0.6894 is low water-mark since Thursday's three-week high of 0.6940

  • Big 0.6900 option expiry for 10am ET NY cut, A$1.2 bln strike nL4N2Z23NZ

  • Westpac and NAB see RBA cash rate rising faster and higher nL1N2Z304G

  • Next RBA rate decision Aug 2. Fed rate decision next week; 75 bps hike f/c

  • Iron ore rebounds as falling China steel inventory lends supportnL1N2Z30BS

Source:
Refinitiv IFR Research/Market Commentary

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