Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 07 - 08:36 AM
AUD/USD - Falls To Its Lowest Level Since Dec 20
First appeared on eFXplus on Jan 07 - 05:20 AM
  • AUD/USD hits 0.6887 after extending south from 0.6942 (Asian session high)

  • 0.6887 is the lowest level since Dec 20 (0.6883 was the low that day)

  • Drop to 0.6887 influenced by mounting economic cost of Australia's bushfires

  • See: nL4N29C09O. Job ads dive as bushfires take a toll nS9N27S02O

  • Next RBA rate decision is Feb 4: near 50% chance of a cut nL4N29C17A

  • 0.6898 (200DMA) and 0.6926 (Monday's low) are now AUD/USD resistance levels

AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!