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Nov 06 - 06:55 AM

AUD/USD - Ending Week Near 0.73 Having Started It By 0.70

By Rob Howard  —  Nov 06 - 05:15 AM
  • AUD/USD has traded a 34 pip range since the London open, 0.7247-0.7281

  • The peak of that range is eight pips shy of Thursday's six-week high

  • Ascent to 0.7289 fuelled by U.S. political outlook nL1N2HR1QXnL1N2HS0KO

  • 0.7289 = 240 pips above post-U.S. vote low (0.6990 was Monday's 15-week low)

  • U.S. Oct jobs report due 1330GMT: NFP f/c 600k, jobless rate f/c 7.7%

  • Australia says China trade disruptions 'deeply troubling' nL1N2HS087

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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