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May 18 - 07:55 AM

AUD/USD - Awaits Aussie Jobs Data After Rise To One-Week High

By Rob Howard  —  May 18 - 05:55 AM
  • AUD/USD has traded a half-cent range thus far Wednesday; 0.6996-0.7046

  • 0.7046 = one-week high, before slightly below forecast Australian wage data

  • See: nL2N2XA02H. Australian jobs data due 0130 GMT; employment f/c +30k

  • China ferrous futures tumble, with Dalian iron ore closing down 5.3%

  • See: nL2N2XA0H1. Iron ore is Australia's biggest export earner

  • Australia's LNG industry takes risky bet on carbon capture nL3N2XA0G2

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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