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Sep 04 - 07:55 AM

AUD/USD - Up To Eye 0.73 Pre-NFP As Cross Hugs Big Expiry

By Rob Howard  —  Sep 04 - 06:00 AM
  • AUD/USD eyes 0.73 after extending north from 0.7261 (early Europe low)

  • 0.7300 is a former support point (0.7301 was Wednesday's low)

  • Ascent towards 0.73 influenced by Global Times piece on China's UST holdings

  • See: nL4N2G11VU. 0.7252 was one-week low for AUD/USD in Asia nL1N2G1046

  • U.S. August employment report due at 1230GMT, NFP f/c 1.4 mln nL1N2G107P

  • Big 1.0850 option expiry for the 10am ET NY cut anchors AUD/NZD nL1N2G103Z

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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