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Jan 14 - 01:55 AM

AUD/USD - Bid On US Stimulus Hopes, Record China Iron Ore Imports

By Krishna K  —  Jan 13 - 11:58 PM
  • AUD/USD rallies 0.20% in Asia as US stimulus hopes helps reflation trade

  • Biden aides tell congressional allies to expect $ 2 tln package Thursday

  • News lifts risk sentiment, boosts AUD nL4N2JP19A

  • China 2020 iron ore imports hit record further supporting AUD nL1N2JP06L

  • Rising U.S. yields to cap ; 10-year yield at 1.11% from 1.0880% NYK close

  • Powell's webinar Thursday eyed as talk of Fed tapering persists nL1N2JM0U7

  • Support 0.7720-25, 0.7700-05, resistance 0.7755-60, 0.7780-85

  • For more click on FXBUZ


China's annual iron ore imports: Click here

Source:
Refinitiv IFR Research/Market Commentary

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