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TDUX
Jun 24 - 04:55 AM

AUD/USD - En Route To 200 DMA Even As RBA Defends Hikes

By Ewen Chew  —  Jun 24 - 02:37 AM

• AUD/USD settles down to 0.6912 but largely unchanged Tues

• Still on path to test 200 DMA support currently at 0.6856

• Dollar strength persists, amid wobbly Asia stocks; ASX +0.3%

• UST yields ebb, but market's hawkish view on Fed to linger

• RBA's Hauser defends earlier rate hikes, sees work to be done

• Says inflation still too high, casts doubt on Iran peace
AUD


(Ewen Chew is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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