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AUD/USD traded 0.7874-0.7919 range; last at 0.7888

AUD had a disclosure Thursday, -2.1% vs EUR; -1.3% vs USD; -1.1% vs JPY Ample of factors at play but none more so than RBA rate cut expectations Only an AUD collapse between now and coming Tuesday will see RBA's rate dec…

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  • AUD had a disclosure Thursday, -2.1% vs EUR; -1.3% vs USD; -1.1% vs JPY

  • Ample of factors at play but none more so than RBA rate cut expectations

  • Only an AUD collapse between now and coming Tuesday will see RBA's rate decision

  • Paring of carry trades also at play against EUR and JPY 

 

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Technicals

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