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Nov 10 - 08:55 AM

AUD/USD - Longs Still Head For The Exits As US CPI Is In Focus

By Christopher Romano  —  Nov 10 - 07:15 AM
  • AUD/USD traded 0.64415-0.6388 overnight, NY opens just above that low

  • US rate EDH3 gains, comments from Fed's Kashkari nS0N30D04B buoy US$

  • Commodity HGv1 drop & AUD/JPY fall toward 93.55 help weigh down AUD/USD

  • Techs lean bearish; daily RSI falls, pair below 10-DMA, monthly doji forms

  • US Oct. CPI, weekly claims are risks, CPI likely to have more impact

  • A downside surprise should sink US rates, US$ & help AUD/USD rally

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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