By Rob Howard — Aug 22 - 04:45 AM
AUD/USD rise to threaten 0.6450 (Thursday's high) aided by iron ore gains
See: nL1N3A30DD. Iron ore is Australia's biggest export earner
AUD also supported by China's moves to stabilise the yuan nL4N3A30UF
The Australian dollar often functions as a liquid proxy for the CNY
Resistance levels beyond 0.6450 include 0.6481 (August 16 high) and 0.65
Woodside says takes 'two to tango' on LNG strike talks nL4N3A304L
Source:
Refinitiv IFR Research/Market Commentary