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AUD/USD stable despite RBA comments

AUD/USD remains around opening levels in early afternoon trading Only excitement short bout of volatility surrounding RBA Lowe's comments Both sides tested on RBA comments but move only sustained in AUD/NZD Lowe implied …

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  • AUD/USD remains around opening levels in early afternoon trading

  • Only excitement short bout of volatility surrounding RBA Lowe's comments

  • Both sides tested on RBA comments but move only sustained in AUD/NZD

  • Lowe implied AUD was closer to where it needed to be

  • AUD/NZD recovers overnight losses - last up 0.6% at 1.0353

 

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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