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Nov 13 - 06:55 AM

AUD/USD - Helped To Intra-Day High By US Equity Futures Gains

By Rob Howard  —  Nov 13 - 06:10 AM
  • AUD/USD hits 0.7264 after extending north from 0.7222 (Asian session low)

  • 0.7264 = intra-day top. 0.7222 = low since Nov 5 (0.7224 was Thursday's low)

  • Rise to 0.7264 influenced by positive U.S. equity futures: S&P e-mini +0.9%

  • See: nL4N2HZ2MQ Mooted offers pre-0.73 may cap AUD/USD if it extends north

  • RBA's Lowe to speak about Covid, economy and monetary policy on Monday

  • The RBA cut rates and expanded its QE programme last week nL1N2HP054

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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