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AUD/USD edging up & ASX easing as market pares back RBA rate cut expectations

OIS pricing showing just a 66% chance RBA cuts down from 75% and 80% yesterday Talk of some stops above 0.7860 coming into focus ahead of rate decision ASX was up over 1.0% earlier today and has pared back to be up 0.46%

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  • OIS pricing showing just a 66% chance RBA cuts down from 75% and 80% yesterday

  • Talk of some stops above 0.7860 coming into focus ahead of rate decision

  • ASX was up over 1.0% earlier today and has pared back to be up 0.46% 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560