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Thomson Reuters
Sep 13 - 02:36 AM
AUD/USD - Gives Back Most Of Post-Aus Jobs Gain
First appeared on eFXplus on Sep 12 - 10:30 PM
  • Sellers at 0.7200 capped the gains in the wake of the strong Aus jobs data
  • AUD/USD easing back to 0.7180/85 to fill in most of the 0.7177/0.7200 gap
  • Recent run of data has been strong, but external factors dictating direction
  • AUD has been a proxy for ongoing trade tensions between the US and China
  • Trade outlook improved on reports US seeking to reopen dialogue with China
  • Support at 10-day MA at 0.7166 likely yto hold ahead of ECB and US CPI today

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