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TDUX
Aug 06 - 09:55 PM

AUD/USD - Flatlines As Risk Appetite Abates Ahead US Payrolls

By James Connell  —  Aug 06 - 09:01 PM

• AUD/USD flat Fri, markets cautious ahead of key U.S. employment data update

• U.S. Jul non-farm payrolls (poll +80k) and unemployment (poll 4.2%) due Fri

• Doubt builds on Middle East peace deal, Brent crude back above $80 a barrel

• Iran considers ban for U.S. & Israeli vessels in Strait of Hormuz

• Houthis claiming 'large-scale' ballistic missile & drone attacks in Yemen

• AUD struggling to extend recent upswing, risks break below 0.7014 55-DMA

• Range Asia 0.7025-332 support 0.6920 0.6866, resistance 0.70885 0.7200
AUD Hourly Bollinger Study & DXY Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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