Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 10 - 01:55 PM

AUD/USD - Investors A Bit Bullish After Inflation, Auctions Risks Pass

By Christopher Romano  —  Mar 10 - 01:31 PM
  • Upbeat risk in overnight trade drives sales of safe haven US$ & yen

  • Equities ESv1 & copper HGv1 rally while AUD/JPY nears 84.00

  • AUD/USD opens NY near 0.7690, rally extends after US CPI nL1N2L71QQ

  • Below estimate core CPIs drive UST yields & US$ lower, AUD/USD hits 0.7746

  • Pair dips near 0.7705 despite buoyed stocks & USD/CNH dip below 6.5000

  • Buyers emerge after US 10-yr auction nAQN03WDHN leads to softer yields

  • US$ selling helps lift AUD/USD towards the 10-DMA late in the session

  • Rising RSIs, daily bull hammer give technicals a bullish lean

  • For more click on FXBUZ

aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!