OctaFX | OctaFX Forex Broker
Open trading account

AUD/USD well supported around 0.7200 – OCBC

FXStreet (Edinburgh) - Emmanuel Ng, FX Strategist at OCBC Bank, stressed the relevance of the 0.72 handle as support for the Aussie dollar vs. the greenback.

Key Quotes

“This morning, the AUD-USD was knocked off early highs after Sep employment change disappointed at -5.1k but the pair may remain supported on initial dips towards 0.7270/00”.

“On the upside, expect some loss of momentum into 0.7360/80 if hints of investor caution remain humming in the background”.

No imminent fear of Fed lift-off, continues to dominate the markets - BBH

Research Team at BBH, suggest that the overwhelming theme of no imminent Fed lift-off continues to dominate the trading environment as the US Dollar softness from weak US retail sales yesterday has carried over today.
Read more Previous

NY Fed’s Dudley takes the centre stage – TDS

Research Team at TDS, suggest that the main focus today will probably be on the NY Fed’s Dudley and his comments on the Fed’s policy setting will be keenly watched.
Read more Next
Start livechat