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Oct 04 - 10:55 PM

AUD/USD - Gives Back Monday's Gains In Risk-Off Asian Session

By John Noonan  —  Oct 04 - 09:41 PM
  • Equity market declines accelerating in Asia and weighing on AUD/USD

  • E-minis are -0.45%, the Nikkei is down 3.45% and AXJ index down 1.20% nL4N2R10C8

  • AUD/USD has erased Monday's gains and is approaching 10-day MA at 0.7254

  • A break below 0.7250 shifts the pressure back to the downside

  • For more click on FXBUZ










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Source:
Refinitiv IFR Research/Market Commentary

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