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May 20 - 07:55 AM

AUD/USD - Retreats From Intra-Day High As Risk Mood Sours

By Rob Howard  —  May 20 - 05:42 AM
  • AUD/USD falls from 0.7763 (intra-day high) to 0.7735 as risk mood sours

  • European equities pare rebound gains; U.S. equity futures negative

  • Mooted bids pre-0.77 may prop AUD/USD if it extends south: 0.7711 = Weds low

  • Iron ore dives as China steps up efforts to curb soaring prices nL2N2N70CL

  • Australia looks into delays to 20% of grape exports to China nL2N2N706E

  • Australia Apr jobless rate 5.5% vs 5.6% f/c, employment -30.6k nL2N2N7040

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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