Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 28 - 09:48 PM

AUD/USD - Modest Response To Slightly Firmer Inflation Data

By Andrew M Spencer  —  Jan 28 - 07:40 PM
  • Headline CPI QQ 0.7% poll 0.6%, 1.8% YY poll 1.7%

  • RBA trimmed mean 0.4% QQ poll 0.4%, 1.6% YY poll 1.5%

  • Modest positive knee jerk reaction to slightly stronger data

  • OIS had an RBA cut on Feb 4 at 19.67% pre CPI, now 14.75%

  • Charts, momentum studies, 5, 10 & 21 DMAs track south - bearish setup

  • 0.6754 November low resilient, close below to target 0.6670 2019 low

  • Earlier 0.6755 low and 0.6770, 38.2% of this week's fall support-resistance

























aud 2 jan 29 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!