Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 08 - 04:55 AM

AUD/USD - Longs Stifled By New Lockdown But Not Defeated

By Ewen Chew  —  Jul 08 - 02:40 AM
  • AUD/USD dented by virus curbs but China stocks help prop up

  • Tentatively falls out of Bollinger uptrend channel at 0.6935

  • But still above 20 DMA 0.6897, offering solace to AUD bulls

  • Melbourne's 6-week lockdown will hurt econ recovery nL4N2EE4FE

  • But China's resurgent stock market buoys risk appetite; SSEC +2.0%

  • Strong rise in copper prices hints at improving outlook nL4N2ED0S1

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!