eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• AUD/USD +0.5% from Mon 0.6945 low as risk sentiment moderately improves
• Nasdaq +1.1% amid bargain-hunt buying of chip and AI related stocks
• Houthis strike Yemen government security force training camp
• WTI +2.2% to $103.65 a barrel in thin trade ahead of Oct 20 contract expiry
• AUD still targets 0.6865 support zone, break would open downside materially
• RBA Assistant Governor Kent sees signs that labour market is loosening
• RBA Deputy Governor Andrew Hauser speaks at Citi investment conference Wed
• Overnight range 0.69695-93 support 0.6865 0.6834, resistance 0.6988 0.7282
AUD Daily 21/100/200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)