By Christopher Romano — Jul 14 - 01:50 PM
AUD/USD traded 0.67875 early Europe then fell, NY opened near 0.6720
Stock ESv1 and commodityHGv1 drops help to weigh down AUD/USD
Broad US$ buying weighs as well, USD/CNH rallied above 6.7910
AUD/USD fell to fresh 2-year low, hit 0.66825 but some losses eroded
Fed's Waller said supports 75bps hike nL1N2YV1L5; US$, ratesEDZ2 sink
AUD/USD rallied toward 0.6755, dipped and sat near 0.6730 late in the day
Techs lean bearish still; RSIs are falling, 10-DMA help to cap rallies
China Q2 GDP, June sales & industrial output are data risks in Asia
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Source:
Refinitiv IFR Research/Market Commentary