By Krishna K — Jan 04 - 11:57 PM
AUD/USD rallies 0.4% in Asia on dollar weakness; range 0.7661-0.77095
Led higher by a rampaging yuan which rallies to a 2 1/2 year high
Gives back some ground as yuan retreats on market talk of PBOC smoothing
Rallies likely limited as rising global virus toll sours risk sentiment
Cautious trading to prevail ahead of Georgia Senate vote TuesdaynL1N2JF1VT
Resistance 0.7710, 0.7740-45, support 0.7670-75, stronger at 0.7640-45
For more click on FXBUZ
China iron ore, ferrous metals 2020 price performance: Click here
Source:
Refinitiv IFR Research/Market Commentary