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Aug 09 - 11:55 PM

AUD/USD - Testing Minor Support As Aus Business Confidence Droops

By John Noonan  —  Aug 09 - 10:00 PM
  • AUD/USD testing minor support at 0.7317 where bids are holding for now

  • AUD under pressure as commodities lose ground and domestic economy suffers

  • NAB business survey showed deterioration in conditions and confidence nS9N2NZ013

  • The lockdowns in some of Australia's major cities is impacting the economy

  • A break below 0.7315 targets the trend low at 0.7289

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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