By Robert Howard — May 14 - 05:52 AM
• AUD/USD helped to one-week high of 0.6501 by won gains vs USD on FX news
• South Korea's Choi discussed FX with U.S. Treasury official last week
• 0.6465 was late Asia/early Europe low for AUD/USD -- before South Korea news
• There is a big 0.6500 option expiry for the NY cut; A$1.5 billion strike
• 0.67 option strikes in demand (AUD/USD was last at 0.67 in October 2024)
• Australian employment data due at 0130 GMT; 20k f/c. Jobless rate f/c 4.1%
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(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters