By Robert Howard — Feb 04 - 04:51 AM
• 0.6211 is high water-mark for AUD/USD since its Asian session fall to 0.6171
• That low was plumbed after new U.S. tariffs on China goods came into effect
• China hits back at U.S. with targeted tariffs (to start on Feb 10)
• 0.6237 was high after Trump paused tariffs on Canada Monday
• Tariffs on Mexico were paused hours earlier (0.6198 was high on Mexico news)
• 0.6089 was 58-month low in Asia Monday, following Trump tariff news
Saturday
AUDUSD
(Robert Howard is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters