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Aug 12 - 08:36 AM
AUD/USD - Eyes 50% Retracement Level After Drop From Asia Top
First appeared on eFXplus on Aug 12 - 06:25 AM
  • AUD/USD threatens 0.6750 after extending south from 0.6795 (Asia high)
  • 0.6750 is 50% retracement of 0.6678 (Aug 7, 10-year low) to 0.6822
  • There is also a A$382mn 0.6750 option expiry for the 10am ET NY cut
  • Aussie statistics office revises CPI series after fruit error nL4N25813J
  • RBA's Kent to speak about monetary policy and financial conditions Tuesday

AUD 0.6750: Click here

Source:
Refinitiv IFR Research/Market Commentary

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