By Rob Howard — Dec 29 - 03:45 AM
AUD/USD eases to 0.6722 as Asian equity losses weigh on risk-sensitive AUD
0.6722 is lowest level since Wednesday's high of 0.6801 nL1N33I1LP
Mooted bids around 0.6700 may prop AUD/USD if it falls further
0.6710 is 10-day moving average. 0.6695 is 61.8% Fibo of 0.6629-0.6801
Higher iron ore prices are source of support for AUD nL1N33J0A0
China to adjust trade tariffs on some goods from Jan 1 nL1N33J0BM
Source:
Refinitiv IFR Research/Market Commentary