By Krishna K — Nov 27 - 10:50 PM
AUD/USD unchanged in Asia as an early rally above 0.6500 fades
Global trade and tariff concerns continue to weigh on sentiment
Reduced RBA rate cut bets, higher commodities likely to limit downside
RBA 25bps Feb cut chances at 10% today from 27% before release of CPI Wed
Markets thin due to U.S. holiday Thu, may exacerbate volatility
RBA Governor Michele Bullock speaks at 0855 GMT; Asia range 0.6491-0.6509
Support 0.6470-75, 0.6430-35, resistance 0.6505-10, 0.6525-30, 0.6550
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Source:
Refinitiv IFR Research/Market Commentary