Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Mar 04 - 02:36 AM
AUD/USD - Bounces From Support But Dour Domestic Data Caps
First appeared on eFXplus on Mar 04 - 12:55 AM
  • AUD/USD holds 0.7070-75 support as CNH gains on trade hopes nL1N20R033
  • Recovery stunted, lacklustre AU data negates positive risk sentiment
  • AU Company profits, wages show muted growth in Q4, add to risks on economy
  • Annual GDP growth seen slowing to 2.6% yoy, bodes ill for RBA 3% 2019 f'cst
  • Focus shifts to Tuesday's RBA policy meeting, Gov.Lowe speech and Q4 GDP Wed
  • Supports 0.7070, 0.7055, loss of latter yields 0.7000-05; resistance 0.7125

aud: 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
!