eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• AUD/USD -0.5% from Thur 0.7045 high as USD index and UST yields extend gains
• 30Y UST yield hits 22-year high at 5.46% on compounding inflation concerns
• Brent crude +3.7% to $106.85 a barrel as Houthis continue Saudi attacks
• RBA monetary policy meeting outcome due Tue, 25 bps hike widely anticipated
• AUD targets 0.6920 support, break below may bring 0.6660 ytd low into play
• U.S. Aug durable goods due Fri, Reuters poll consensus -0.4% m/m
• Overnight range 0.7006-45 support 0.6920 0.6865, resistance
0.7282 0.7661
AUD Daily 21/55/100-DMA
U.S. 30Y Treasury Yields
DXY Daily 55/100/200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)