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Dec 29 - 05:55 AM

AUD/USD - Within Strike Of 0.6840 Before Year-End

By Rob Howard  —  Dec 29 - 03:50 AM
  • 0.6840 option expiry for 10am ET year-end NY cut helps to anchor AUD/USD

  • Gain consolidation is big-picture story: 0.6871 was 21-week high Thursday

  • AUD supported by 55% gain for Dalian iron ore this year nL1N3DO08X

  • Scope for Fed to start cutting interest rates from March is weighing on USD

  • US employment report due next week (Jan 5); December NFP forecast at 158k

  • Maine elections official disqualifies Trump from presidential primary ballot

Source:
Refinitiv IFR Research/Market Commentary

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