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Jun 29 - 07:55 PM

AUD/USD - Opens Unchanged As Bid USD Offsets Strong Equities

By John Noonan  —  Jun 29 - 06:15 PM
  • AUD/USD opens unchanged despite solid gains on Wall Street nL1N2E61M4

  • USD underpinned by better US data and month-end rebalancing flows nL1N2E61K6

  • AUD/USD price action forming a pennant with parameters at 0.6830 and 0.6921

  • Key factors today will Be RBA Debelle's speech and China PMI

  • Market will also note any reaction from China to US decision on Hong Kong nL1N2E624G

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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