Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 23 - 07:55 PM

AUD/USD - Opens Marginally Lower After Whippy Session

By John Noonan  —  Feb 23 - 05:51 PM
  • AUD/USD opens 0.10% lower after trading in a 0.7880/0.7935 range

  • It traded to a fresh 2-year high in London before falling to 0.7880

  • Risk off start to US session sent AUD//USD to lows before Powell testimony nL1N2KT31A

  • Powell eased market concerns and AUD/USD regained the 0.7900 handle

  • AUD/USD getting support from firm metals - with NY copper closing up 1.75%

  • AUD/USD trending higher with no resistance ahead of 2018 high @ 0.8136

  • Support is found at 10-day MA at 0.7811 and break would ease upward pressure

  • There may be some volatility today in AUD/NZD, as RBNZ meets today nL1N2KP01C

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!