Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 10 - 03:55 PM

AUD/USD - Key Impediments Break With Help From CPI, Claims Data

By Christopher Romano  —  Nov 10 - 01:40 PM
  • AUD/USD traded down 0.6388 overnight, NY opened near 0.6400

  • CPI is below estimates while claims rise & are above estimate nL1N3261EP

  • Eurodollar prices EDH3 rally, UST yields US2YT=RR sink & dip below 4.30%

  • US$ falls across the board as investors seek out riskier assets

  • Equities ESv1, commodities HGv1 gain, USD/CNH dipped below 7.1700

  • AUD/USD lifted above 38.2% Fib of 0.7136-0.6170, 55-DMA, daily cloud base

  • 0.6598 traded, pair neared 0.6565 due to some late day US dollar buying

  • Techs lean bullish; RSIs rising, monthly bull hammer candle is in place

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!