Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 31 - 08:36 AM
AUD/USD - Holds Above 0.6900 Despite Risk Aversion On Trump
First appeared on eFXplus on May 31 - 06:30 AM
  • AUD/USD held above 0.6900 through the European am, despite risk aversion
  • 0.69005 was Asia low after Trump threatened rapid, high tariffs on Mexico
  • See: . S&P e-mini -1.2%. 0.6898 was Thursday's AUD/USD low
  • 0.6928 (European am high) and 0.6936 (21DMA) are resistance levels
  • RBA is next week expected to cut cash rate for first time since Aug 2016
  • Dovish RBA expectations influenced recent AUD drop to 0.6865 (19-week low)

AUDUSD: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!