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Thomson Reuters
Mar 12 - 03:48 PM
AUD/USD - US Data, EM Gains Lead To Gains
First appeared on eFXplus on Mar 12 - 01:40 PM
  • Potential progress on US-Sino lifts risk, EM ccys & AUD nL3N20Z10N
  • AUD/USD gets added boost from downside surprise to US Feb core CPI
  • ResultsnLLACEEFK1 sink UST yields & US$, 0.7095 neared nL1N20Z0JF
  • AUD/USD threatens key s-t res, short squeeze risk grows nL1N20Z0TX
  • Risk of trade talk collapse & potential RBA cuts remain downside risks
  • 0.7000 break possible if risk shifts down; door to 0.6800/50 then opens

chart: Click here

Source:
Thomson Reuters IFR Markets

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