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Apr 09 - 05:55 PM

AUD/USD - Extends Gains As Tentative Iran Ceasefire Holds

By James Connell  —  Apr 09 - 05:01 PM

• AUD/USD +0.9% from Thur 0.7023 low as positive risk sentiment persists

• Israel seeking talks with Lebanon after putting U.S.-Iran ceasefire at risk

• U.S. Q4 GDP +0.5% q/q (poll +0.7%), initial jobless claims 219k (poll 210k)

• AUD gathering momentum for run at 0.71875 ytd high, hawkish RBA may assist

• RBA Deputy Governor Andrew Hauser speaking in New York Mon evening

• Overnight range 0.7023-945, support 0.6834 0.6660, resistance 0.7188 0.7282
AUD Daily 55-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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