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Refinitiv
Dec 30 - 07:24 AM
AUD/USD - Close To Five-Month High Just Shy Of 0.70
First appeared on eFXplus on Dec 30 - 05:15 AM
  • AUD/USD eyes 0.6999 (Asia high) after rising from 0.6984 (early Europe low)

  • 0.6999 is the highest level since July 24 (0.7008 was the high that day)

  • Ascent to 0.6999 influenced by recent calming of US/China trade tensions

  • Trump last week said he and Xi will sign phase one trade deal nL1N28Y0A0

  • Option-related offers are tipped around 0.7000 nL1N29400H

AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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