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TDUX
Jun 04 - 07:55 PM

AUD/USD - Seeks Direction As RBA Joins Wait-And-See Camp

By James Connell  —  Jun 04 - 06:07 PM

• AUD/USD flat early Fri as traders search for next directional cue

• RBA's Bullock: signs rate hikes are working, inflation still a concern

• U.S. initial jobless claims 225k (poll 213k), hits 4-month high

• Hezbollah rejects renewed Israel ceasefire announced by U.S. Thur

• Trump says Middle East ceasefires mean "shooting in a more moderate manner"

• AUD needs fresh catalyst to exit 0.7080-0.7200 channel, slight downside bias

• Overnight range 0.7127-49, support 0.7080 0.6834, resistance 0.7200 0.7283
US Initial Jobless Claims & Planned Layoffs


AUD 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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