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TDUX
Jul 08 - 07:55 AM

AUD/USD - Drops Towards 0.69 On Trump's Iran Guidance

By Robert Howard  —  Jul 08 - 05:45 AM

• AUD/USD falls to 0.6907 as safe-haven USD strengthens on Trump guidance

• Trump says interim accord to end Iran war is "over". Oil prices up 5%

• 0.6907 is the lowest level since July 2 (0.6960 was two-week high Tuesday)

• Support points below 0.6900 include 0.6883 (July 1 low) and 0.6872 (200DMA)

• Bids around the 200DMA based AUD/USD at a three-month low last week

• Minutes from June's Fed meeting will be published at 1800 GMT

AUDUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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