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Dec 24 - 05:55 PM

AUD/USD - Hovers Near Two-Year Low As Dollar Firms

By Robert Fullem  —  Dec 24 - 02:25 PM
  • AUD/USD edges down amid broad dollar gains

  • Rally in US shares and rise in commodity prices helps limit its loss

  • 14-day RSI shows pair nearly oversold amid recent build in short positions

  • Hovers above key support at the 26-mo. low of 0.6199 and its lower Bollinger

  • Baltic dry index, a proxy of global trade, has worst year since 2014

For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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