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Jan 30 - 07:55 PM

AUD/USD - Consolidates, Awaits AU CPI, China PMIs, Fed

By Krishna K  —  Jan 30 - 05:40 PM
  • AUD/USD remains mired in 0.6570-0.6620 consolidation ahead of risk events

  • Australia Q4 CPI Wed, annual inflation expected to slow to 2-yr 4.3% trough

  • China official manufacturing PMI Wed, likely contracted but less sharply

  • Fed rate decision later Wed, focus on any clues from Powell on Mar rate cut

  • AUD upside limited by persistent concerns on China's ailing property sector

  • Tue range 0.6625-0.6575; support 0.6565-75, resistance 0.6620-30

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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