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Mar 13 - 06:55 AM

AUD/USD - Maintains 0.66 Handle As US CPI Dust Settles

By Rob Howard  —  Mar 13 - 05:40 AM
  • AUD/USD has traded a 17 pip range thus far Wednesday; 0.6601-0.6618

  • Those parameters are within Tuesday's 0.6584-0.6638 post-US CPI data range

  • 0.6584 is lowest level since Friday's eight-week high of 0.6667 (post-NFP)

  • Iron ore down to 6-month low (iron ore is Australia's biggest export earner)

  • SingTel looking to sell significant Optus stake to Brookfield, source says

  • US immigration fillip shifts economy's trajectory. Biden vs Trump on Nov 5

Source:
Refinitiv IFR Research/Market Commentary

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