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Jan 13 - 05:55 PM

AUD/USD - Rally Curtailed By Rising Risk Aversion

By Krishna K  —  Jan 13 - 05:05 PM
  • AUD/USD opens 0.1% lower after failing to sustain move above 0.7300

  • Rally curtailed by Wall Street drop as Fed speakers put rate hikes in focus

  • Fed inflation drumbeat grows louder, traders brace for 4 rate hikes in 2022

  • AUD resilient despite risk aversion; buoyant commodities, metals support

  • Asia focus on China trade data; U.S.consumer sentiment, retail sales due Fri

  • Resistance 0.7310-15, 0.7340-45, support 0.7245-50, 0.7225-30

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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