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Jan 21 - 08:55 PM

AUD/USD - Slips As Trump's Focus Shifts To China Tariffs

By Krishna Kumar  —  Jan 21 - 06:53 PM

• AUD/USD down 0.15% in Asia as Trump renews tariff threats on China, EU

• Trump says he is discussing 10% tariff on China on Feb. 1

• AUD drops from 0.6276 high to 0.6256 as tariff threats increase volatility

• Lower U.S. yields, buoyant risk sentiment may attract dip buyers

• Markets cautiously optimistic as tariffs not imposed on Trump's 1st day

• Strong resistances at 0.6300-05, 0.6340-45, support 0.6230-35, 0.6200-05
AUD:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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