By John Noonan — May 03 - 09:55 PM
AUD/USD recovered from the early dip to 0.6640 and is unchanged at 0.6670
Move lower in reaction to PacWest report that heightened US banking fears nL4N3701Z4
Aus trade data came in better than expected with exports rising 4.0%
E-minis down only 0.10% after being down 0.75% earlier on the PacWest report
Asian markets relatively quiet with Tokyo on holiday
AUD/USD support at 0.6630 - where it traded before Tuesday's RBA hike
Resistance is at the 21-day MA at 0.6677
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary