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Sep 06 - 10:55 PM

AUD/USD - Trading With Offered Tone - No Reaction To Aus Trades

By John Noonan  —  Sep 06 - 09:40 PM
  • AUD/USD near session low at 0.6372 as USD remains in demand early Asia

  • Aus trade data for July just released and having no impact nAZN1AE59B

  • China Aug trade data out later today likely to have bigger impact

  • Recent AUD/USD weakness closely linked to China economic concerns

  • AUD/USD support formed at 0.6358 and clear break would be bearish

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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