By Christopher Romano — Dec 11 - 07:15 AM
AUD/USD hit 0.6389 in Asia, sellers emerged and the pair turned lower
A 13-month low of 0.6337 traded, NY opened near 0.6355, down -0.39%
US yield US10YT=RR gains helped drive broad based US$ buying
USD/CNH rallied on Reuters exclusive China considering weakening the yuan
Iron-ore DCIOc2, copper HGv1 drops helped to weigh down AUD/USD
November, October 2023 monthly lows are now likely targeted by shorts
Techs are bearish; RSIs falling, Aug. monthly low & trend-line broken
US Nov. CPI & its impact on Fed policy are they key risk for Wednesday
For more click on FXBUZ
Source:
London Stock Exchange Group | Thomson Reuters