Australian Dollar Climbs As Fed Rate Hike Concerns Fade
2022年8月11日 - 7:29PM
RTTF2
The Australian dollar advanced against its most major
counterparts in the European session on Thursday, as the demand for
riskier assets improved on receding expectations for a larger rate
hike from the U.S. Federal Reserve in the wake of a
softer-than-expected U.S. inflation data.
Official data showed that inflationary pressures in the U.S.
moderated rapidly in July amid lower gas and energy prices.
The weaker-than-expected CPI report prompted investors to scale
back expectations for a larger 75 basis-point Fed rate hike in
September.
U.S. stocks advanced, extending a rally in the previous session,
amid upbeat earnings results from Disney and on the prospect of
less aggressive interest rate hikes.
Oil prices rose as the International Energy Agency raised its
oil demand growth forecast for this year amid a spike in gas
prices.
The aussie firmed to 0.7128 against the greenback, setting a
fresh 2-month high. If the aussie rises further, it may find
resistance around the 0.73 level.
The aussie climbed to near a 2-month high of 0.9096 against the
loonie and a 2-week high of 1.4518 against the euro, following its
early lows of 0.9032 and 1.4569, respectively. The currency is
likely to locate resistance around 0.92 against the loonie and 1.43
against the euro.
The aussie rebounded modestly against the yen, with the pair
trading at 94.14. On the upside, 97.5 is possibly seen as its next
resistance level.
In contrast, the aussie pulled back against the kiwi and was
trading at 1.1041. Next key support for the aussie is seen around
the 1.08 level.
AUD vs Yen (FX:AUDJPY)
FXチャート
から 4 2024 まで 5 2024
AUD vs Yen (FX:AUDJPY)
FXチャート
から 5 2023 まで 5 2024