Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 17 - 08:36 AM
AUD/USD - Helped To Four-Week Peak By Short-Covering
First appeared on eFXplus on Oct 17 - 06:15 AM
  • AUD/USD hits 0.6830 after shorts cover on the break through 0.6810

  • 0.6830 is a four-week peak. 0.6810 was last Friday's high (Oct 11)

  • Ascent through 0.6810 spurred by lower risk of RBA rate cut on Nov 5

  • See: nL2N27206U. RBA expectations shift followed Aussie jobs data

  • See: nL3N2710VJ. 0.6752 was Asian session low (pre-Aussie jobs data)

AUDUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!