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Jun 07 - 07:55 AM

AUD/USD - Rises To Highest Level Since Thursday's 7-Week Low

By Rob Howard  —  Jun 07 - 06:08 AM
  • AUD/USD hits 0.7754 after rallying off 0.7727 (early Europe intra-day low)

  • 0.7754 is the highest level since Thursday's seven-week low of 0.7646

  • AUD/USD rose 1% to 0.7745 high on Friday as May NFP miss weighed on the USD

  • Offers may emerge near 0.7774 (last week's high) if AUD/USD extends north

  • Iron ore tumbles nL2N2NP0CF. London copper eases nL2N2NP05E

  • S&P revises up Australia outlook to stable from negative nFWN2NN0EA

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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