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May 15 - 10:55 PM

AUD/USD - Slips Lower After AUD/JPY Buying Dries Up

By John Noonan  —  May 15 - 09:55 PM
  • AUD/USD is off to a whippy start and is around 0.6925 after hitting 0.6960

  • Move higher was due to AUD/JPY buying as cross rose 0.50% at one stage

  • AUD/JPY is now back below Friday's close at 89.65 as buying is finished

  • E-minis slightly negative after being up 0.50% at the start of the session

  • China retail sales and IP will be out shortly and could impact AUD/USD

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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