Derived Data That Drive Results
By John Noonan — May 03 - 07:05 PM
AUD/USD has fallen below 0.6650 early Asia as banking crisis deepens
Shares in PacWest Bancorp slid 60% in after hours on report they were seeking a sale nL4N3701Z4
US banking crisis replacing central bank expectations as main driver
AUD/USD support is at 0.6630 - where it was trading before RBA hike Tuesday
A break below 0.6620 targets the double-bottom at 0.6560/75
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aud/usd Click here
Source:
Refinitiv IFR Research/Market Commentary
