By Christopher Romano — Sep 03 - 07:25 AM
AUD/USD fell below 10-DMA, hit a 7-day low after recent consolidation ends
Pair traded 0.67925-0.6729 overnight, NY opened near 0.6735, down -0.85%
Yen buys drove AUD/JPY below 98.20; acted as a weight on AUD/USD
Commodity DCIOc1, HGv1, equity ESv1 drop & USD/CNH gains also weighed
Break lower from consolidation, falling RSIs are bearish tech signals
US July construction spending, Aug. ISM mfg PMI are data risks in NY
Australia Aug. Judo Bank PMIs, AIG mfg, construction indexes due in Asia
Australia Q2 GDP, China Caixin services PMI are added data risks in Asia
US Aug. payroll due Friday; may impact Fed policy & risk sentiment
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary