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TDUX
Jul 09 - 11:55 PM

AUD/USD - Edges Higher As USD Weakens Broadly; Upside Limited

By Krishna Kumar  —  Jul 09 - 09:53 PM

• AUD/USD up 0.1% as USD weakens broadly in Asia; DXY down 0.15%

• Boosted by positive risk sentiment, buoyant metals

• But AUD/JPY and AUD/NZD selling cap gains

• RBA/RBNZ rate expectations re-priced; AUD/JPY sold on Japan Fin Min comments

• Japan to seek greater GPIF, pension fund investment at home- Fin Minister

• AUD resistance 0.6960-65, 0.7000 support 0.6900-10, 0.6875-80

• Asia range 0.6934-0.6951
AUD/NZD:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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