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Thomson Reuters
Apr 11 - 03:48 PM
AUD/USD - U.S. Claims Give Short Some Relief
First appeared on eFXplus on Apr 11 - 01:40 PM
  • Weekly US claims at lowest since 1969 nLNSBFEF1U US yields & US$ rally
  • AU-US spreads widen a bit, AUD/USD steadily slides, daily cloud top pierced
  • Corrections in recent oil, iron-ore, copper rallies help weigh pair down
  • Falling daily cloud top & daily RSI suggest AUD/USD correction might deepen
  • China March trade key in Asia, upbeat result could reverse today's pull back
  • Short-term risk might be down but longer term risks remain up nL1N21T0ZM

chart: Click here

Source:
Thomson Reuters IFR Markets

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