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Jan 12 - 05:00 PM
AUD/USD - Off To A Cautious Start As Iran Tensions Simmer
First appeared on eFXplus on Jan 12 - 02:40 PM
  • AUD/USD down 0.1% in early Asia on caution over Iran unrest nL8N29H05Q

  • Attack on Iraq military base housing U.S. forces weighs nL8N29H0FD

  • Cooling of Sino-U.S. tensions nL1N29G03Y, rising AXJ currencies to support

  • Underpinned by Fri robust AU retail sales data, lacklustre U.S. jobs data

  • Forex investors betting Australia's wildfires to hurt currency nL4N29F2DB

  • Resistance 0.6919-21, strong @ 0.6940; support 0.6875-80,strong @ 0.6835-50


Source:
Refinitiv IFR Research/Market Commentary

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