eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Nov 03 - 08:55 AM
–

AUD/USD - Central Banks, US Dollar, Commodities Give Bears Traction

By Christopher Romano  —  Nov 03 - 07:05 AM

• AUD/USD hit 0.7004 overnight, sellers emerged and the pair then turned lower

• RBA hiked but decision was split, investors expect RBA to pause in Dec.

• PBOC hiked the FX deposit reserve ratio which sent USD/CNH sharply upward

• US dollar, US yields rallied while gold, silver, copper, stocks fell

• Those influences drove AUD/USD down to 0.6962, an 11-session low

• NY opened near 0.6980, AUD/UDS traded down -0.26% in early action

• Techs lean bearish now; RSIs falling, pair holds below the 10- & 21-DMAs

• US Sep. factory orders, JOLTS & mid-term elections are key risks Tuesday
audusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
By continuing to browse our site, you agree to our use of cookies, Privacy Notice, and Terms of Service.
© 2026 eFXdata · All Rights Reserved