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Dec 01 - 05:55 PM

AUD/USD - Lower US Yields, Hawkish RBA Support

By Krishna K  —  Dec 01 - 05:05 PM
  • AUD/USD opens on a firm note after closing 0.3% higher on Friday

  • Boosted by lower U.S. yields and a broadly weaker USD

  • RBA's reiteration of caution on rate cuts provides further boost

  • Positive weekend news on China's economy, house prices adds to support

  • Australia's Q3 GDP, U.S. jobs data and Powell interview key this week

  • AUD/JPY sales cap rally as JPY soars on BOJ rate hike bets, trade concerns

  • Support 0.6495-0.6500, 0.6470-75, resistance 0.6530, 0.6550-60

  • Friday range 0.6496-0.6527

  • For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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