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Jul 16 - 12:12 AM
AUD/USD - Little Change After RBA Minutes
First appeared on eFXplus on Jul 15 - 09:35 PM
  • AUD/USD barely moving after RBA Minutes fails to provide fresh clues
  • RBA says will adjsut policy if needed, as was stated in July statement
  • Focus shifts to Thursday's Aus jobs data, as RBA emphasizes its importance
  • RBA Minutes references the AUD/USD - saying lower rates keeping it low
  • Resistance at July 1 high at 0.7048 and break targets 200-day MA at 0.7091

Source:
Refinitiv IFR Research/Market Commentary

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