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Oct 26 - 07:55 PM

AUD/USD - Resilient In The Face Of Dive In Risk Assets

By John Noonan  —  Oct 26 - 05:55 PM
  • AUD/USD opens just 0.18% lower despite heavy fall on Wall Street nL1N2HH2AO

  • FX risk gauge AUD/JPY down only 0.09% from Friday's close

  • AUD resilience hard to explain, as key commodities also moved lower

  • AUD may be underpinned by fact Australia has coronavirus under control

  • AUD/USD buyers ahead of 0.7100 holding for now

  • Resistance at 0.7158 where Friday's high and 61.8 oc 0.7243/0.7021 converge

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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