By Christopher Romano — May 08 - 07:20 AM
Surge upward for US regional bank equity prices drives upbeat risk
Yen selling rallied AUD/JPY to a 4-session high near 91.75
Equity ESv1, iron-ore DCIOc2 gains reinforced risk-on sentiment
AUD/USD rallied to a 1-month high, struck 0.6800 in early NY trading
Rally stalled just short of April's monthly high which sits 0.6808
Techs are bullish; RSIs rising, AUD/USD extends rally above the 200-DMA
Daily cloud top (0.6861), Feb. 22 high (0.6864) eyed on break of Apr high
Fed's Senior Loan Officer Opinion Survey is an event risk during NY
US April CPI & core CPI inflation data is a key risk due Wednesday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary