Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 14 - 07:55 AM

AUD/USD - Nudges North After Respecting Friday's One-Week Low

By Rob Howard  —  Jun 14 - 05:40 AM
  • AUD/USD ticks up to 0.7717 after holding above 0.7689 (Friday's low) in Asia

  • 0.7717 = intra-day high (five pips shy of 38.2% Fibo of 0.7775 to 0.7689)

  • Risk-sensitive AUD supported by European equity gains nL3N2NW0WE

  • IMM speculators cut gross AUD longs by 7,235 contracts in week ended June 8

  • This raised net AUD short position to its highest since Dec nL2N2NT223

  • Minutes from June's RBA meeting due Tuesday. FOMC event risk Wednesday

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!