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Mar 30 - 07:55 PM

AUD/USD - Holds March Gains, Month-End Fix The Final Hurdle

By James Connell  —  Mar 30 - 05:42 PM

• AUD/USD holds onto 1.2% gain in Mar, traders wary month-end USD demand

• RBA policy meeting outcome due 0330 GMT Tue, OCR unchanged at 4.10% expected

• Monetary policy statement crucial, change to Feb's hawkish tone will impact

• U.S. Feb core PCE inflation 0.4% m/m (poll 0.3%) despite soft consumption

• AU Feb retail sales due Tue (poll +0.3% m/m), balance of trade Thur

• AUD range Asia 0.6282-0.62915, support 0.6260, resistance 0.6390 0.6415
AUD 4hr March


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

Source:
London Stock Exchange Group | Thomson Reuters

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