By James Connell — Mar 10 - 05:41 PM
• AUD/USD suffers from risk-proxy status as U.S. equity market rout continues
• Investors stepping back amid Trump policy uncertainty; geopolitical concerns
• Fears of tariff driven inflation and U.S. recession building in unison
• U.S. core CPI (Feb) on Wed critical ahead of Mar 19 Fed rate decision
• AUD pushing hard on the hourly lower Bollinger band early Asia
• Overnight AUD range 0.6265-0.63305, support 0.6260 0.6190, resistance
0.6415
AUD mng
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
