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Jul 29 - 04:55 PM

AUD/USD - Key Resistance Break Nears As Fed Sinks The U.S. Dollar

By Christopher Romano  —  Jul 29 - 02:50 PM
  • Pair opens NY near 0.7180 & dips early on US$ & yen buying

  • Equity gains, buoyant copper & iron-ore futures help lift AUD/USD

  • AUD/JPY buying emerges, lift near 75.50 help drive AUD/USD up near 0.7195

  • Some yen buying sinks AUD/JPY, AUD/USD follows, near 0.7175 into the Fed

  • Limited AUD/USD reaction after Fed statement gives no surprise nL2N2ER0O5

  • Powell's presser nW1N2B8001 weighs dwon US$, AUD/USD nears Apr 2019 high

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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