AUD/USD Momentum Watch Through 0.69316

Research preview

AUDUSD News And Catalyst Brief The linked stories point to a market that is reacting mainly to around inflation and central-bank policy. AUDUSD has a balanced headline read, with inflation data, central-bank expectations, and commodity pressure setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. This improves the context, but follow-through still depends on price holding the relevant support or resistance area. Fed decision: what to watch the fed is expected to keep rates at 3.5%-3.75%, but markets still see a roughly one-in-three chance of a surprise hike. the focus is on chair kevin warsh's message as higher oil prices fuel inflation...