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TDUX
Jul 02 - 07:55 PM

AUD/USD - Boosted By Weak US Jobs Data; AUD/JPY Falters

By Krishna Kumar  —  Jul 02 - 05:39 PM

• AUD/USD to stay supported on dips in Asia after closing 0.4% higher Thu

• Boosted by weak U.S. jobs growth, receding Fed rate hike bets

• September Fed rate hike chances drop to 55% from 67% ahead of data

• AUD rally capped by AUD/JPY sales as yen gains on intervention fears

• Recovery from 200-day MA at 0.6865 hints of base formation

• Interim support at 0.6885-90, resistance 0.6945-50, 0.6980

• Thursday range 0.68845-0.6943
AUD:


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

Source:
London Stock Exchange Group | Thomson Reuters

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