Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 16 - 11:55 PM

AUD/USD - Bounces Back To Opening Level As US Yields Off Highs

By John Noonan  —  Feb 16 - 10:10 PM
  • AUD/USD opened 0.33% lower at 0.7754 after rising US yields sent USD higher nL1N2KM1QH

  • Pair fell t0 0.7731 in early Asia when USD bought across the board

  • The 10-year US yield rose to 1.33% to help spark the move up in USD

  • The 10-year US yield eased back to 1.29% late morning and market settled

  • AUD/USD is back to the opening level around 0.7750/55 into the afternoon

  • AUD/USD support at the 10-day MA at 0.7724 and 38.2 fibo at 0.7712

  • A break below the 21-day MA at 0.7703 would suggest top is in place

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!