By Christopher Romano — Sep 18 - 07:20 AM
AUD/USD rallied 0.64275-0.6449 overnight, NY opened near 0.6435, up +0.10%
Pair traded slightly high & range is tight as pair buffeted by balance risks
US$ generally lower but USD/CNH rallied toward 7.3000 on D3, was up +0.24%
Iron-ore fell & US yields US2YT=RR rallied while stocks ESv1 gained
Techs are mixed; pair above 10- & 21-DMAs, monthly RSI is falling
September's monthly bull hammer may be a concern for shorts
Fed (Wed), BOA (Thurs), BOJ (Fri) meetings are looming risks this week
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary