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TDUX
Oct 12 - 09:55 PM
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AUD/USD - Softens Slightly Despite Hawkish RBA Minutes

By James Connell  —  Oct 12 - 08:40 PM

• AUD/USD -0.1% Tue as minutes from Sep RBA meeting underscores hawkish theme

• RBA says hikes abroad could loosen domestic conditions via lower AUD

• AU Sep employment due Thur, poll consensus: +20.0k jobs, 4.6% unemployment

• Trump's diesel deal has negligible impact as oil prices remain elevated

• Ukraine says Russia hit energy facilities despite U.S. ceasefire claim

• AUD targets .6865, break would open downside potential significantly

• Range Asia 0.69496-60 support 0.6865 0.6834, resistance 0.7052 0.7282
AUD Hourly Bollinger Study & DXY Daily 55/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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