By Krishna K — Mar 07 - 12:10 AM
AUD/USD down 0.25% heading into Europe after RBA softens hawkish outlook
RBA raises rates 25 bps to more than decade high, tempers hawkishness
C.bank cautious as unemployment rises, economy slows, wage growth is modest
AU bonds rally as markets lengthen odds on further hikes; 10-yr yield -6 bps
Powell testimony Tues, Wed and U.S. jobs data Friday key for direction
Support 0.6690-95, 0.6664, resistance 0.6750, 0.6770-80
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Source:
Refinitiv IFR Research/Market Commentary