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Jan 11 - 07:55 AM

AUD/USD - Holds Below 0.72 Ahead Of Powell Hearing

By Rob Howard  —  Jan 11 - 06:10 AM
  • AUD/USD has traded a 28 pip range thus far Tuesday; 0.7168-0.7196

  • Offers are tipped into 0.72 (0.7203 was Monday high, before drop to 0.7149)

  • Big 0.7200 and 0.7150 option expiries for the 10am ET NY cut nL4N2TQ3CA

  • USD may react to testimony from Fed Chair Powell from 1500 GMT nL1N2TQ2BY

  • Australia Nov retail sales +7.3% vs +3.9% f/c nL1N2TR01G

  • IMM net AUD short very close to all-time high in week to Jan 4 nL1N2TQ0QZ

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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