By Rob Howard — Sep 20 - 05:50 AM
AUD/USD has traded a 28.5 pip range thus far Friday; 0.6800 = intra-day low
0.6839 was Thursday's nine-month high, after strong Aussie employment data
Ensuing low was 0.6786, after USD rose on unexpected US jobless claims fall
There is a large 0.6790 option expiry for the NY cut, A$851 million strike
All economists polled by Reuters expect RBA to keep rates unchanged Tuesday
Fed is expected to cut rates again in November, after 50 bps cut this week
Source:
Refinitiv IFR Research/Market Commentary