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AUD remains the worst performer

  • The Dollar sits in the green against all the majors, and while Equities may be trading in the red, levels are still elevated for indices.
  • The worst performer is the AUD, after the RBA kept its rate unchanged, with calls closely split.
  • Of the 30 Economists estimates provided to Bloomberg, 18 were calling for a 25bps hike, and 12 went for unchanged, adding one more, the MNI Pacific team in the unchanged camp.
  • Supports in AUDUSD are at 0.6623 and 0.6596.

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