By Ewen Chew — Jan 09 - 12:34 AM
• AUD/USD drops to just under 0.6200 barrier, low 0.6195
• Veering back toward Bollinger downtrend channel 0.6192
• Thurs close below that support skews it lower near-term
• Drop follows Australia Nov retail sales missing forecast
• Bets on a RBA rate cut in Feb remain undeterred
• Chin negativity persists with soft inflation data
AUD:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters