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TDUX
Oct 25 - 09:55 PM
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AUD/USD - Slips Slightly As Investors Look Ahead To FOMC

By James Connell  —  Oct 25 - 08:45 PM

• AUD/USD -0.1% Mon, activity subdued as markets steady ahead of Fed meeting

• FOMC outcome and dialogue Wed the likely watershed events this week

• Gold consolidates below $4,000 per ounce, trades near 3-month lows

• WTI -1.4% in Asia, but remains elevated as Middle East turmoil continues

• AU Q3 CPI release due Wed, Reuters poll consensus 1.3% q/q, +3.9% y/y

• AUD likely to encounter sellers as it approaches 0.7053 200-DMA

• Range Asia 0.7027-395 support 0.6865 0.6834, resistance 0.7053 0.7282
AUD Daily 21/100/200-DMA


Gold Daily 21-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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