By Christopher Romano — Oct 19 - 07:25 AM
AUD/USD traded 0.6339-0.6296 overnight, NY opened near 0.6315, down -0.37%
US yield US10YT=RR gains drove US$ gains; USD/CNH rallied to 7.3404 on D3
Risk-assets softened; equities ESv1, iron-ore DCIOc2 traded lower
AUD/USD drop put the 0.6270/85 zone in play, stops likely sit below it
IF support breaks psychological 0.6200 level, Oct 2022 low come into focus
US weekly, continuing claims will give the latest reading on the job market
Slew of Fed speakers on tap today but Fed Chair Powell will be the headliner
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Source:
Refinitiv IFR Research/Market Commentary