Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 16 - 08:55 PM

AUD/USD - Struggles To Hold Gains In Risk Averse Markets

By Krishna K  —  Jun 16 - 08:30 PM
  • AUD/USD drifts lower in Asia as risk aversion continues to roil markets

  • Weighed down by global recession fears and investors flight to safe havens

  • Capped by AUD/JPY sales on speculation of a BOJ policy tweak nL4N2Y21GF

  • Slump in price of iron ore and copper limit AUD rallies nL1N2Y30CE

  • Downside limited as expectations of 50bps RBA rate hikes in July, Aug rise

  • Resistance 0.7665-70, 0.7100-10, support 0.7015-20, 0.6990-95

  • For more click on FXBUZ


Fed target rate probabilities for Dec 14 meeting Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!