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May 03 - 10:55 PM

AUD/USD - Drifts Lower Early Asia Ahead Of RBA

By John Noonan  —  May 03 - 08:52 PM
  • AUD/USD traded down to 0.7748 and below the 10-day MA at 0.7758

  • USD is slightly firmer across the board after Friday/Monday whip around

  • AUD/USD found bids under 0.7750 and is settling around 0.7755

  • RBA meets later today with no change in policy expected

  • RBA likely to strike a reassuring dovish tone despite improving economy

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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