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Jan 05 - 08:36 PM
AUD/USD - Nervous Start To Week On Middle East Uncertainty
First appeared on eFXplus on Jan 05 - 06:50 PM
  • S&P futures are down around 0.50% in early trading as investors are nervous

  • News on the weekend intensifying concerns in Middle East nL1N29A09PnL8N29A0OH

  • Investors seeking safe-haven with gold up over 1.0% and AUD/JPY down 0.35%

  • AUD/USD holding above 38.2 of 0.6754/0.7032 move at 0.6926

  • Resistance at 10-day M at 0.6966 and break would ease downward pressure






audusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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