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Jun 21 - 08:36 AM
AUD/USD - Retreats From One-Week Peak Amid Iran-U.S Tensions
First appeared on eFXplus on Jun 21 - 06:20 AM
  • AUD/USD retreat from 0.6938 to test 0.6912 influenced by Iran-U.S tensions
  • See: nL8N23S17I nL8N23S1VQ. 0.6938 = one-week high in Asia
  • 0.6912 was Thursday's NY low, following dovish Fed-spurred rise to 0.6936
  • Risk-sensitive AUD may ease further if the Iran-U.S situation escalates
  • 0.6900 and 0.6880 (Thursday's low) are AUD/USD support levels
  • Bullard dissented at Fed meeting due to CPI/growth concerns nS0N1SD004

AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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