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Feb 24 - 08:55 PM

AUD/USD - Bid In Early Asia - No Reaction To Q4 CAPEX

By John Noonan  —  Feb 24 - 07:39 PM
  • AUD/USD is trading above 0.7970 in early Asia as the 0.8000 level beckons

  • There was no reaction to better than expected Q4 Aus CAPEX nAZN02WN00

  • AUD/USD supported by surging commodities and buoyant equity markets nL1N2KU3PAnL1N2KU0ME

  • Option related selling ahead of 0.8000 may slow ascent in the immediate-term

  • Bids tipped between 0.7920/30 likely to keep the AUD/USD underpinned

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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