Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 24 - 12:12 AM
AUD/USD - Edges Lower On Westpac's Call For Three 2019 Cuts
First appeared on eFXplus on May 23 - 10:10 PM
  • -0.1%, as Westpac, early doves, raise their call to three RBA cuts in 2019
  • New call suggests a bearish global growth outlook and its Australian impact
  • Refinitiv RBAWATCH OIS prices: 86% June cut, 99% in Sept, only 8bp in Dec
  • Yesterday's bounce leaves positive momentum studies, conflicting 5 & 10 DMAs
  • A major triple bottom just above 0.6860 now pivotal support
  • Close above 0.6903 falling 10 DMA would end downside bias

aud2 mau 24 Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!