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Jun 30 - 06:55 AM

AUD/USD - Falls To 0.75 For The First Time In Over A Week

By Rob Howard  —  Jun 30 - 04:43 AM
  • AUD/USD hits 0.7499 after breaking below 0.7508 (Tuesday's low)

  • 0.7499 is the lowest level since June 22 (0.7495 was low that day)

  • Drop to 0.7499 influenced by extension of lockdown measures in Australia

  • See: nL2N2OC029. RBA monetary policy announcement next week nL3N2OB1QH

  • 0.7478 (recent six-month low, June 18/21) is a support point below 0.7495

  • There is a large 0.7505 option expiry for the 10am ET NY cut nL2N2OC0A1

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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