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TDUX
Sep 13 - 07:55 PM

AUD/USD - Slips As Middle East Deteriorates, Fed Hike Looms

By James Connell  —  Sep 13 - 05:45 PM

• AUD/USD -0.1% Mon amid fresh attacks on Saudi Arabia & ships in the Gulf

• Saudi East-West pipeline damage puts global oil supply under further strain

• U.S. Aug core CPI +0.3% m/m (poll +0.2%), markets expect FFR hike Wed

• RBA Assistant Governor Sarah Hunter fireside chat in Canberra Mon

• AUD 11-week rally intact, but break below 0.7122 support would be terminal

• Pair's target remains 0.72825 50-month high, Fed & RBA outcome dependent

• Range Asia 0.7160-68 support 0.7122 0.6920, resistance 0.72825 0.7661
AUD Daily 21/55/100-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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