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Apr 13 - 02:55 AM

AUD/USD - Strong Data May Fail To Avert Potential Setback

By Ewen Chew  —  Apr 13 - 01:38 AM
  • AUD/USD trades with heavy tone despite upbeat data; last 0.7597

  • May drop into Bolilinger downtrend channel at 0.7584

  • Weakness suggests mkt focus trained on US economic recovery

  • US yields rising again before inflation data; 10y 1.691%

  • Australia business conditions cues hit record high nS9N2KV00P

  • China's exports rise 30.6% y/y, but miss forecasts nL1N2M50EF

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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