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Jan 08 - 07:55 AM

AUD/USD - Holds Below 0.78 Ahead Of U.S. Employment Report

By Rob Howard  —  Jan 08 - 06:06 AM
  • Mooted offers near 0.78 are helping to keep a lid on AUD/USD, pre-U.S. data

  • 0.7789 = European am intra-day high. More offers are tipped at 0.7815

  • 0.7815 was Thursday's high, before profit-take flow fuelled drop to 0.7726

  • See: nL1N2JI0T2. 0.7741 was Asia low, as 10-year UST yield rose to 1.10%

  • USD may react to U.S. Dec jobs report at 1330GMT, NFP f/c 71k nL1N2JI2LC

  • Higher iron ore and copper prices = AUD-positive nL1N2JJ0CBnL1N2JJ0CE

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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