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Thomson Reuters
Apr 12 - 02:36 AM
AUD/USD - Rises On AUD/JPY Buying, Effect Likely Transient
First appeared on eFXplus on Apr 12 - 01:05 AM
  • AUD/USD claws back part of Thursday losses, helped higher by AUD/JPY buying
  • Recovery potential limited; robust U.S. data, rise in U.S. yields to cap
  • Upbeat U.S. data forces doves to re-think potential for rate cuts next year
  • RBA FSR reminds investors of risks faced by AU slowing economy nRUABFEF56
  • Rejection from 0.7184-0.7196 resistance extends 0.7000-0.7200 consolidation
  • Support 0.7110-15, 0.7085-90; resistance 0.7140-50; watch 79.77-83 AUD/JPY

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Thomson Reuters IFR Markets


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