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Thomson Reuters
Dec 04 - 12:12 AM
AUD/USD - :Little Movement After No Surprises From RBA
First appeared on eFXplus on Dec 03 - 10:40 PM
  • AUD/USD steady after RBA left cash rate at 1.50% for 28th straight month
  • RBA statement very similar to November, as they remain in holding pattern
  • AUD/USD trading around the opening level of 0.7360 as factors offset
  • Risk assets slightly pressured in Asia with AXJ equity index -0.35%
  • USD broadly offered, as the 10-year Treasury yields slipped below 2.95%
  • AUD/USD support at previous daily highs at 0.7335/45
  • Resistance at the 200-day MA at 0.7416 with sellers ahead of 0.7400

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Thomson Reuters IFR Markets


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