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Dec 12 - 05:55 PM

AUD/USD - Marked Lower In Early Asia On Omicron Worries

By Krishna K  —  Dec 12 - 04:05 PM
  • AUD/USD marked down as Omicron worries resurface; UK raises alert level

  • PM Johnson warns 'tidal wave' of Omicron cases set to hit nL4N2SX02H

  • AUD had rallied 0.5% Friday as in-line U.S. CPI boosted risk sentiment

  • U.S. CPI rises 6.8%, biggest year-on-year rise since June 1982 nL1N2SU1EH

  • Data roughly in line with expectations, markets had feared hotter inflation

  • Fed rate decision awaited Wed for clues on pace of tapering nL1N2SU1K5

  • Traders bet Fed will not be forced to signal faster-than expected rate hikes

  • Resistance 0.7200-10, 0.7230-35, support 0.7135-40, 0.7115-20

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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