By Rob Howard — Mar 24 - 04:50 AM
0.7467 is low water-mark for AUD/USD since Thursday's 0.7507 high
Retreat from 0.7507 influenced by some profit-taking on long positions
0.7165 was last week's low (March 15). 0.7507 = highest level since Nov 2
Ascent to 0.7507 influenced by higher commodity prices, including LNG
Destroy demand or boost supply? Australia shows natural gas dilemma
See: nL2N2VR08M. Fed officials nod to big rate hikes nL2N2VQ1PF
AUDUSD Click here
Source:
Refinitiv IFR Research/Market Commentary