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TDUX
Jun 24 - 05:55 PM

AUD/USD Slips, Commodities Slide, Jobs Data Due

By James Connell  —  Jun 24 - 04:54 PM

• AUD/USD -1.7% wtd as sentiment sours despite U.S.-Iran peace progress

• Commodities lower across the board: Copper -2.6%, Gold -2.7%, WTI -4.6%

• AU May employment data due Thur, Reuters poll: +30k jobs, 4.4% unemployment

• RBA's Hauser welcomes lower oil prices but says inflation still far too high

• AUD targeting 0.6834 support, break below opens door for fall toward 0.6660

• Overnight range 0.6883-0.6906, support 0.6834 0.6660, resistance 0.7089
AUD Weekly 52-WMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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