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Apr 22 - 08:55 AM

AUD/USD - US Dollar Bids Help To Erode Some Overnight Gains

By Christopher Romano  —  Apr 22 - 07:15 AM
  • AUD/USD rallied 0.6408-0.64555 overnight, NY opened near 0.6440, up +0.30%

  • Rally aided by USD/CNH drop, equity ESv1 & copper HGv1 gains

  • US yield US10YT=RR lift & gold XAU= drop helped pair slip from its high

  • AUD/USD lift halted near key s-t resistance but daily techs lean bullish

  • Daily RSI is rising and a rally followed Friday's long legged doji

  • Chicago Fed's national activity index is the sole data point in the US today

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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