Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 19 - 12:12 AM

AUD/USD - Traded To 0.5510 In What Looks Like Capitulation

By John Noonan  —  Mar 18 - 10:20 PM
  • AUD/USD got caught in a downdraft of selling - trading down to 0.5510

  • The move sent the AUD/USD over 5.0% lower than the 0.5816 high this morning

  • Aus bond futures sold off as well with 10-year yield to 1.50% from 1.30%

  • Moves could have been more of the repatriation flows by US investors

  • Daily RSI at extreme levels - hitting a post-float low below 13

  • In volatile trading the AUD/USD has bounced back to 0.5600






audusd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!