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Jan 21 - 01:55 AM

AUD/USD - Buoyant In Asia As Reflation Trade Chugs Along

By Krishna K  —  Jan 21 - 12:44 AM
  • AUD/USD rallies 0.3% in Asia as risk sentiment remains elevated

  • Boosted by hopes of more U.S. fiscal stimulus as Biden sworn in nL1N2JV28C

  • E-Mini rallies 0.35% to record high in Asia, ASX 200 closes at 11-month high

  • Copper +0.4%, Dalian iron ore+0.7% as Australia braces for potential cyclone

  • AU jobless rate falls as employment nears pre-pandemic highsnL4N2JV43X

  • Resistance 0.7780-85, 0.7800-05, 0.7820; support 0.7745-50, 0.7720, 0.7700

  • For more click on FXBUZ


Major iron ore exporters' monthly shipments: Click here

Source:
Refinitiv IFR Research/Market Commentary

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