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Feb 11 - 03:55 PM

AUD/USD - Bitcoin Surge, Data Contribute To 15-Day High Made

By Christopher Romano  —  Feb 11 - 01:50 PM
  • Europe consolidates rally from Asia, NY opens near 0.7745, rally ensues

  • WSJ report bitcoin coming to BNY Mellon helps drive US$ sales nFWN2KH16H

  • Downbeat US claims data sinks UST yields, US$ falls further nAQN03SIK9

  • Stocks, commodities rallies add to the US$ weakness & AUD/USD rally

  • Feb 10 inverted hammer gets negated as AUD/USD trades up to 0.7772

  • Equity gains fade while US$ & UST yields rally, AUD/USD dips below 0.7745

  • Pair bounces slightly and sits near 0.7750 late in the session

  • Techs are bullish, RSIs rise, pair above 10, 21-DMAs, trend line pierced

  • For more click on FXBUZ



aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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