By Christopher Romano — Jan 08 - 02:05 PM
• NY opened near 0.6200 after AUD/USD traded 0.62415-0.6188 overnight
• Pair rallied after US Dec. ADP and weekly jobless claims reports
• 0.6220 was neared but pair slid again, neared 0.6210down -0.3% late
• US yield gains helped buoy US$; USD/CNH rallied above 7.3600
• Equity drop & gold fall from its high helped lift US$
• Techs lean bearish; RSIs are falling & pair traded below 10- & 21-DMAs
• Australia Nov. balance on goods, China Dec. PPI & CPI are risks in Asia
audusd
(Christopher Romano is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters