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Dec 13 - 05:55 PM

AUD/USD - Opens Lower As Hawkish Fed Expectations Rise

By Krishna K  —  Dec 13 - 04:50 PM
  • AUD/USD opens 0.6% lower as traders prepare for hawkish Fed outcome Wed

  • Fed expected to accelerate taper, quicken hikes nL1N2SD0VBnL1N2SY1R6

  • Stocks slide on risk aversion as Omicron worries resurface, undermining AUD

  • Diverging RBA-Fed rate expectations continue to weigh on AUD nL1N2SS07L

  • China move to rein in yuan strength Aussie negative nL4N2SX04Z

  • Support 0.7110-15, 0.7090, resistance 0.7145-50, 0.7165-70

  • For more click on FXBUZ


U.S. consumers see inflation outpacing pay growth: Click here

Source:
Refinitiv IFR Research/Market Commentary

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