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14 Feb 2013
Forex: AUD/USD hovering over 1.0350
The Aussie dollar is hovering over the mid 1.3000s on Thursday, grinding lower in a context dominated by the risk aversion so far.
In the data space, Australian Consumer Expectations for the month of February rose 2.2%, exceeding the previous print at 2.0%.
More news from that part of the world signals that the BoJ left intact its monetary policy, with rates at 0.00-0.10% and the asset purchase programme unchanged.
At the moment, the cross is down 0.19% at 1.0349 with the next support at 1.0315 (MA20d) followed by 1.0303 (hourly high Feb11) and then 1.0293 (hourly high/lows Feb.1).
On the upside, a breakout of 1.0362 (high Feb.13) would open the door to 1.0400 (high Feb.6) and then 1.0408 (MA100d).
In the data space, Australian Consumer Expectations for the month of February rose 2.2%, exceeding the previous print at 2.0%.
More news from that part of the world signals that the BoJ left intact its monetary policy, with rates at 0.00-0.10% and the asset purchase programme unchanged.
At the moment, the cross is down 0.19% at 1.0349 with the next support at 1.0315 (MA20d) followed by 1.0303 (hourly high Feb11) and then 1.0293 (hourly high/lows Feb.1).
On the upside, a breakout of 1.0362 (high Feb.13) would open the door to 1.0400 (high Feb.6) and then 1.0408 (MA100d).