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Jun 17 - 12:12 AM
AUD/USD - Edging Higher As Tokyo Buys AUD/JPY
First appeared on eFXplus on Jun 16 - 10:40 PM
  • Tokyo demand for AUD/JPY has pushed cross up 0.20% and underpins AUD/USD
  • AUD/JPY made fresh trend low around 74.40 this morning before bids emerged
  • AUD/USD short covering evident after support at 0.6860/70 held on Friday
  • Talk of selling at 0.6900 where option strikes eyed will likely cap rally

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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