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Nov 16 - 08:55 AM

AUD/USD - Familiar Impediments Hold With Help From RBA, Yuan

By Christopher Romano  —  Nov 16 - 07:17 AM
  • AUD/USD lifts to 0.7368 in Asia, lifts halts right near the 10- & 55-DMAs

  • RBA's Lowe dismisses market pricing for a 2022 rate hike nL4N2S716V

  • USD/CNH reverses Asia fall, bounce & turns +ve, nears 6.3890 at NY open

  • AUD/USD falls to 0.73315 in Europe's am then bounces, NY opens near 0.7345

  • Bounce aided by equity ESv1, copper HGv1 bounces off their lows

  • AUD/USD still down on the session & a daily inverted hammer candle forms

  • US Oct retail sales USRSL=ECI risk looms, if weak AUD/USD may rally

  • For more click on FXBUZ

audusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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