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Sep 11 - 10:55 PM

AUD/USD - Under Pressure As Mood In Asia Turns Gloomy

By John Noonan  —  Sep 11 - 09:40 PM
  • AUD/USD below 0.6420 in early Asia as mood in Asia less buoyant than Monday

  • E-minis -0.17%; AXJ equity index -0.20% and Australia ASX 200 -0.40%

  • USD/CNH back above 7.3030 after briefly dipping below 7.2900 after CNY fix nAZN1ANPWI

  • Aus consumder confidence weakened, but NAB business survey improved nP8N39E080nP8N39E082

  • AUD/USD back below 10 & 21-day MAs that converge at 0.6425/30

  • Bids are eyed at 0.6410/15 with Monday's 0.6375 low offering support

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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