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Nov 27 - 04:55 AM

AUD/USD - Rises To Its Highest Level Since Sept 1

By Rob Howard  —  Nov 27 - 03:20 AM
  • AUD/USD reaches 0.7386 after extending north from 0.7354 (Asian session low)

  • 0.7386 is the highest level since Sept 1 (0.7413 was two-year high that day)

  • Ascent to 0.7386 fuelled by rise in risk appetite: copper up to 7-year high

  • See: nL1N2ID06C. AUD/USD offers are tipped ahead of 0.74

  • 0.7354 was also Thursday's low (0.7350 is a former key resistance level)

  • China to impose temporary anti-dumping measures on Aussie wine nL1N2ID01L

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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