By Christopher Romano — Apr 26 - 01:40 PM
AUD/USD fell overnight, NY opened near 0.6605 then fell to 0.65955
Pair bounced on early risk-on; equities ESv1 gained & US$ dropped
0.6620 was neared but pair neared 0.6605 late as US rates SRAU3 rallied
US$ lifted on rate gains; USD/CNH turned positive, rallied above 6.9425
Soured risk drove erosion of equity gains, copper HGv1 drop, US$ up
AUD/USD traded down -0.28% late in the session helped techs stay bearish
Falling RSIs, monthly inverted hammer highlight downside risks
Australia Q1 exp/imp prices, US weekly claims are data risks Thursday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary