By Christopher Romano — Jan 05 - 07:15 AM
AUD/USD traded 0.68445-0.6800 overnight then bounced, NY opens near 0.6835
Drop aided by weaker commodity DCIOc2 prices, US rates EDZ3 lift
Pair's bounce aided by equity ESv1 gains, USD/CNH fall toward 6.8700
Daily long legged doji formed, monthly doji in place both suggest indecision
AUD/USD hovers just below the falling 200-DMA as investors await data risks
Dec. ADP, jobless claims due today; Dec. NFP, AHE & ISM non-mfg due Friday
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Source:
Refinitiv IFR Research/Market Commentary