By Robert Howard — Jan 31 - 04:00 AM
• AUD/USD slid to 0.6199 after USD caught a late Thursday bid on Trump
• Trump reiterated threat to impose 25% tariffs on Canada and Mexico on Feb 1
• 0.6199 is lowest level since Jan 20 (0.6190 was low that day)
• AUD/USD might drop to 0.6131 on Monday if US imposes Canada/Mexico tariffs
• 0.6130 was 57-month low on Jan 13 (after USD rose on Dec NFP beat)
• US Dec core PCE data due at 1330 GMT: 0.2% MM; 2.8% YY forecast
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(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters