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Sep 21 - 06:55 AM

AUD/USD - Threatens June 2020 Low On Geopolitical News

By Rob Howard  —  Sep 21 - 05:50 AM
  • AUD/USD extended south to 0.6655 as safe-haven dollar rose on Putin comments

  • Putin expands Ukraine war effort, issues nuclear threat to West nL1N30S0AX

  • 0.6655 is lowest level since June 2020 (0.6648 was the low that month)

  • 0.6666 was Asian session base -- before Putin spoke (from 0600 GMT)

  • RBA has equity wiped out by billions in bond losses nL1N30S04D

  • Fed rate decision at 1800 GMT; 75 bps hike expected nL1N30R1F1

Source:
Refinitiv IFR Research/Market Commentary

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