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Mar 30 - 05:55 PM

AUD/USD - Balanced Risks Help Keep The Range Tight

By Christopher Romano  —  Mar 30 - 02:20 PM
  • AUD/USD trades 0.75355-0.75035 in Europe am, NY opens near 0.7525

  • Pair dips below 0.7510 on US March ADP nAQN0RVXZY, buoyed US$, yields

  • Drop in US equity markets ESv1 help to add some weight to AUD/USD

  • Iron-ore DCIOc2, copper HGv1 gains help limit AUD/USD's downside

  • US$, rates EDM3 soften; USD/CNH nears 6.3550, AUD/USD trades to 0.7536

  • US$ sales abate, AUD/USD drifts toward 0.7515 late in the session

  • Techs lean bullish; monthly RSI rising, consolidation phase ongoing

  • For more click on FXBUZ



audusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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