Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 25 - 09:55 PM

AUD/USD - Sold As New COVID-19 Variant Sparks Risk-Aversion

By Krishna K  —  Nov 25 - 07:38 PM
  • AUD/USD down 0.3% to 0.7162 in early Asia as relentless downtrend extends

  • Weighed down by risk aversion; Nikkei -1.7%, U.S.10-yr yield -5bps

  • Britain alarmed by new COVID-19 variant spreading in S. AfricanL8N2SG5C3

  • Risk currencies sold, ZAR weakens 1.1%, traders cite ZAR/JPY sales

  • Australia Oct retail sales rise more than expected but no help for AUD

  • Loss of 0.7170-75 Sept lows has raised possibility of drop to 0.7105-20

  • Resistance 0.7200-10, 0.7230; related nAZN01UYLB

  • For more click on FXBUZ


Rising COVID-19 case numbers: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!