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Nov 05 - 05:55 AM

AUD/USD - Threatens Three-Week Peak After Vaulting 0.72

By Rob Howard  —  Nov 05 - 03:45 AM
  • AUD/USD scales intra-day peak of 0.7215 after digesting offers ahead of 0.72

  • Ascent to 0.7215 fuelled by further rise in risk appetite: S&P e-mini +1.2%

  • See: nL4N2HR24M. 0.7215 is eight pips shy of Wednesday's three-week high

  • Wednesday top was notched before USD snapped higher as blue wave priced out

  • Biden edges closer to WH nL1N2HR0BX. GOP on track to retain Senate control

  • See: nL1N2HQ3ZN. 0.7146-0.7189 was Asian session range nL1N2HR074

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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