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Jun 21 - 07:55 AM

AUD/USD - Holds Sub-0.70 As 75 Bps RBA Hike Risk Downplayed

By Rob Howard  —  Jun 21 - 06:00 AM
  • Mooted offers ahead of 0.70 are helping to keep a lid on AUD/USD

  • There is a large 0.7000 option expiry for the 10am ET NY cut nL4N2Y72C5

  • 0.6996 was Monday's high. 0.6986 marks the intra-day high (at 0755 GMT)

  • Lowe plays down chances of super-sized 75 bps RBA rate hike nL1N2Y802G

  • SGX iron ore bounces off 2022 low, but Dalian losses deepen nL1N2Y8078

  • No Biden move on Chinese tariffs likely pre-G7 meeting - sourcesnL1N2Y60D7

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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