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Jan 17 - 05:55 PM

AUD/USD - Wary Start To Week On Deteriorating Risk Appetite

By Krishna K  —  Jan 17 - 04:44 PM
  • AUD/USD starts week on cautious note as reflation trade runs into p/taking

  • Weighed down by risk aversion as Wall Street and commodities correct lower

  • Weak U.S. data Fri, rising virus toll cast doubts on global growth prospects

  • Traders eye China Q4 GDP data due Mon, recovery seen quickeningnL4N2JM0VQ

  • U.S. holiday Monday likely to affect trading activity

  • Support 0.7675-80, 0.7660-65, resistance 0.7725-30, 0.7750

  • For more click on FXBUZ


Citigroup Economic Surprise Index: Click here

Source:
Refinitiv IFR Research/Market Commentary

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