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Oct 22 - 07:55 AM

AUD/USD - Rallies From Three-Day Low To Intra-Day High

By Rob Howard  —  Oct 22 - 05:38 AM
  • AUD/USD scales intra-day peak of 0.7506 after extending north from 0.7454

  • 0.7454 was three-day low in Asia. Rally from 0.7454 aided by Evergrande news

  • Evergrande lines up funds to pay interest, avert default-source nL1N2RI04U

  • 0.7546 was Thursday's 15-week high (before some profit-taking on AUD longs)

  • RBA enters bond market to defend yield target nL4N2RI0TQnL4N2RG3H4

  • Lowe: Wages growth key to whether Australian CPI rise sustained nL4N2RH4AM

AUDUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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