By Christopher Romano — Apr 11 - 01:45 PM
AUD/USD hit 0.6680 in Europe, opened NY near 0.6660 and slid further
The pair fell despite equity ESv1, iron-ore DCIOc2 gains
US rate SRAU3 gains drove steady gains for U$ during NY trading
AUD/USD neared flat on the session, traded below 0.6650 late in the day
Daily, monthly inverted hammers, hold below 10- & 21-DMAs are bearish signs
US March CPI & its possible impact on Fed policy is a risk Wednesday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary