By Krishna K — Feb 17 - 12:15 AM
AUD/USD consolidates in Asia after failing to sustain Tues rise above 0.7800
Rising U.S. yields cap gains ; 10-year yield rises to 1.3330%, one year high
Commodities & metals rally supports; copper trades at highest since May 2012
AUD 5% lower than otherwise in TWI terms due to monetary stimulus-RBA's Kent
Aussie vulnerable if rising U.S. yields lead to a taper tantrum nL1N2KG27N
Support 0.7715-20, 0.7695-0.7700, resistance 0.7775-80, 0.7800-05
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Source:
Refinitiv IFR Research/Market Commentary