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Jan 31 - 05:55 PM

AUD/USD - Lower In Early Asia As Risk Mood Deteriorates

By Krishna K  —  Jan 31 - 03:41 PM
  • AUD/USD down 0.25% in nervous start to busy week; trades 0.7637-0.7622 range

  • Global stock market sell off weighs as traders brace for more volatility

  • Goldman sees ongoing sell off risk after GameStop swings nL1N2K60GW

  • U.S fiscal stimulus doubts nL1N2K60H2, Perth lockdown nL1N2K6014 weigh

  • Sizable drop in iron prices last week & metals correction add to gloom

  • RBA meets Tue, Gov. Lowe speaks Wed, appears before parliament Fri; SOMP Fri

  • Support 0.7590-0.7600, 0.7565, 0.7547; resistance 0.7655-60, 0.7690-0.7700

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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