Derived Data That Drive Results
By Ewen Chew — Jan 14 - 01:46 AM
AUD/USD teases return to bullish channel after China data
Chinese exports increased 18.1% y/y in Dec, above forecasts
Strength of manufacturing demand boosts commodities nL1N2JP05J
AUD/USD rally to 0.7762 despite UST yield bounce is encouraging
Thurs close above 0.7755 confirms Bollinger uptrend channel
Bulls may then chart course for new 3-yr peak above 0.7820
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Source:
Refinitiv IFR Research/Market Commentary
