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Oct 08 - 05:55 AM

AUD/USD - Drops To Intra-Day Low Ahead Of U.S. Jobs Report

By Rob Howard  —  Oct 08 - 03:47 AM
  • AUD/USD hits 0.7288 after falling from 0.7324 (Asian session high)

  • 0.7288 = intra-day low. USD lifted by higher UST yields pre-U.S. jobs report

  • 10-year UST yield up to 1.60% nL4N2R41IM. Sept NFP f/c 500k nL1N2R31KD

  • 0.7324 was also Thursday's three-week peak, and 50% of 0.7477-0.7171

  • Thursday's climb to 0.7324 was fuelled by rise in risk appetite nL1N2R32PE

  • RBA sees risks in housing market 'exuberance' nL1N2R401R

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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