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Jun 25 - 07:55 AM

AUD/USD - Dances To The Tunes Played By European Equities

By Rob Howard  —  Jun 25 - 05:45 AM
  • The risk-sensitive Australian dollar fell as European equities opened lower

  • AUD/USD plumbed a three-day low of 0.6849 shortly after 0700GMT

  • Subsequent rise to 0.6889 influenced by European equities turning positive

  • See: nL4N2E21HK. 0.6889 = intra-day high (0.6851-0.6878 was Asia range)

  • Australia posts biggest one-day rise in coronavirus cases in two months

  • See: nL4N2E20E5. U.S. jobless claims data due at 1230GMT nL1N2E124D

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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