By Christopher Romano — May 23 - 01:45 PM
AUD/USD opened NY near 0.6620 after falling overnight, fall extended in NY
An early lift toward 0.6630 met sellers; soured risk helped pair slide
EquitiesESv1, iron-ore DCIOc2 drops & buoyant USD/CNH weighed on AUD/USD
US rates SRAU3 gained with help from data, helped send pair below 0.6615
AUD/JPY fall below 91.60 aided AUD/USD trading down -0.59% late in the day
Techs are bearish; RSIs falling, monthly gravestone doji candle in place
RBNZ cash rate decision may impact AUD/USD during Asia trading
Minutes of Fed's May 2-3 meeting is a key risk Wednesday afternoon in NY
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Source:
Refinitiv IFR Research/Market Commentary