Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 26 - 03:55 PM

AUD/USD - US Yields And Yen Strength Put Bears Back In Control

By Christopher Romano  —  Nov 26 - 02:05 PM
  • NY opened near 0.6495 after 0.64335 traded overnight, lift extended early

  • 0.65075 with help from softer US yields US2YT=RR & equity ESv1 gains

  • Sellers emerged as yields & US$ firmed up, commodities XAU=HGv1 fell

  • USD/CNH turned positive to help AUD/USD erase gains & fall towards 0.6445

  • AUD/JPY drop towards 98.90 factored into AUD/USD trading lower

  • Pair fell below the 10-DMA and traded down -0.79% late in the session

  • Muted reaction to minutes of Fed's Nov. 6-7 meeting; AUD/USD sat near 0.6455

  • US weekly claims, Q2 GDP (2nd estimate), Oct. PCE are key data risks Wed.

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!