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Aug 03 - 06:55 AM

AUD/USD - Holds Above Monday's High After Surprise From RBA

By Rob Howard  —  Aug 03 - 05:32 AM
  • 0.7385 is low water-mark for AUD/USD since its RBA-spurred rise to 0.7408

  • RBA decided not to put its taper plans on hold nL1N2PA08ZnL4N2PA167

  • AUD/USD was at 0.7367 into the RBA's 0430GMT monetary policy announcement

  • 0.7381 was Monday's high, after M&A news lifted the AUD nL1N2P905W

  • Iron ore futures rise nL1N2PA0ET. Base metals decline nL1N2PA08S

  • Sydney's ticket out of COVID lockdown? 6 million vaccine shots nL1N2PA01J

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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