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TDUX
Jun 30 - 01:55 AM

AUD/USD - Softens Amid Growing View RBA Is Done Hiking

By James Connell  —  Jun 29 - 11:41 PM

• AUD/USD slips 0.3% Tue as reality of RBA meeting minutes settles

• RBA noted risks of "potentially material weakening" in housing markets

• Traders beginning to conclude RBA tightening cycle may have run its course

• AUD drifting toward 0.6834 support, break below will reinvigorate downswing

• Iran says will not be meeting any U.S. officials in Qatar on Tue

• U.S. Supreme Court blocks Trump from firing Fed Governor Lisa Cook

• U.S. Jun non-farm payrolls due Thur, Reuters poll consensus +110k

• Range Asia 0.68665-89 support 0.6834 0.6660, resistance 0.7089 0.7200
AUD Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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