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Mar 12 - 01:55 AM

AUD/USD - Tad Softer On P/taking; Lowe's Speech Eyed Mon

By Krishna K  —  Mar 12 - 12:20 AM
  • AUD/USD consolidates in quiet Asian trading after failing to overcome 0.7800

  • Elevated U.S. yields cap; 10-year yield 1.5460%, nears 1-year 1.6250% high

  • Global growth optimism, cooling inflation fears, commodities rally supports

  • London copper holds above $ 9000, Dalian iron ore rebounds off 4-week lows

  • AU 3-year bond yields hit record low as RBA raises costs for bond bears

  • Focus shifts to RBA's Lowe speech Mon, minutes of c.bank Mar meeting Tuesday

  • Resistance 0.7810-15, 0.7840, support 0.7735-40, 0.7700-10

  • For more click on FXBUZ


Reuters Poll: U.S. economy outlook: Click here

Source:
Refinitiv IFR Research/Market Commentary

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