By Krishna K — May 06 - 07:00 PM
AUD/USD hovers near 2-mth 0.6650 Fri high as traders await RBA rate decision
RBA likely to hold rates at 4.35%, sound more hawkish on inflation concerns
Revival in Fed rate cur expectations on softer US jobs data buoys AUD
Fed's Williams says next Fed move likely to be lower rates
Buoyant risk appetite, higher commodity prices provide further boost for AUD
Resistance 0.6640-50, 0.6665-75, support 0.6595-0.6600, 0.6550-60
Monday range 0.6638-0.6606
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Source:
Refinitiv IFR Research/Market Commentary