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Apr 11 - 03:55 PM

AUD/USD - US Rates, Dollar Trump Bullish Influences

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

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