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Thomson Reuters
Feb 07 - 07:24 AM
AUD/USD - Close To Two-Week Low Before RBA SoMP
First appeared on eFXplus on Feb 07 - 06:00 AM
  • AUD/USD says soft after Thursday's 1.85 pct drop on dovish Lowe nL3N20109I
  • 0.7093 = fractionally fresh two-week low during the European morning
  • Key support around 0.7075, where Jan 25 low and 38.2 pct Fibo level converge
  • See: nL1N202038. RBA Statement on Monetary Policy Friday (11.30am AEDT)
  • Large 0.7100 option expiry for Friday's 10am ET NY cut, A$557mn strike
  • NZD/USD slides to two-week low of 0.6744 on weak NZ jobs data nL3N20143I

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