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Jan 03 - 07:55 AM

AUD/USD - Safe Havens, Rates, Techs Puts Longs On Defense

By Christopher Romano  —  Jan 03 - 07:24 AM
  • Small overnight lift halts near 55-DMA, daily cloud base; slide ensues

  • US$, yen are bought; USD/CNH lifts near 6.3700, AUD/JPY sinks near 83.30

  • Copper HGv1 turns negative after hitting a 4-session high

  • AUD/USD falls to 0.73395, lift to 0.7264 in Europe am, nears 0.7240 early NY

  • Techs mixed; bull hammer formed in Dec, daily RSI falls but monthly rises

  • For more click on FXBUZ




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Source:
Refinitiv IFR Research/Market Commentary

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