By Christopher Romano — Sep 20 - 01:30 PM
NY opened near 0.6810 after 0.68285 traded overnight, drop extended
Firmer US yields US2YT=RR, US$ & equity ESv1 drop weighed on the pair
0.67835 traded with help from USD/CNH lift off low & USD/JPY rally
Yields, US$ softened & stocks bounce after comments from Fed's Waller
AUD/USD neared 0.6820 then dipped toward 0.6810 late in the session
Pair traded down only -0.04% & a doji formed which implies indecision
Monthly bull hammer, rising monthly RSI suggest rally could resume
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary