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Aug 28 - 08:36 PM
AUD/USD - Opens Lower Ahead Of Aus Q2 Capex
First appeared on eFXplus on Aug 28 - 06:15 PM
  • AUD/USD opens 0.25% lower as USD broadly higher on GBP/USD fall nL5N25O20V
  • Focus in Asia for AUD/USD will be Aus Q2 Capex with +0.5% expected
  • The 3rd estimate for 2019/2029 spending is expected to be around 115 BLN AUD
  • AUD/USD support at 0.6675/90 where it bottomed Aug 7 and Aug 26
  • Resistance @ 21-day MA @ 0.6768 and a break would ease the downward pressure

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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