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Dec 22 - 07:55 AM

AUD/USD - Retreats From One-Week Peak Pre-U.S. Data

By Rob Howard  —  Dec 22 - 05:55 AM
  • AUD/USD eyes 0.6728 after retreat from 0.6767 (one-week peak at 0755 GMT)

  • 0.6728 was Wednesday's high (as U.S. equity gains lifted risk-sensitive AUD)

  • Rise to 0.6767 aided by Hang Seng's 2.7% gain and iron ore strength

  • 0.6629 was Tuesday's four-week low (as AUD/JPY tanked on hawkish BoJ shock)

  • AUD/NZD helped to 1.0703 (three-week high) by profit-taking on shorts

  • 1.0472 was one-year low last Friday. U.S. data due 1330 GMT; claims f/c 222k

Source:
Refinitiv IFR Research/Market Commentary

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