Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 24 - 05:55 AM

AUD/USD - Rises Towards 0.66 On China RRR Cut News

By Rob Howard  —  Jan 24 - 03:35 AM
  • AUD/USD rises to 0.6594 as yuan strengthens on China Feb RRR cut news

  • 0.6594 = intra-day high. AUD is often used as a liquid proxy for yuan

  • Iron ore price gains are another positive for the risk-sensitive AUD

  • 0.6566 was AUD/USD low in Asia (big 0.6565 option expiry today)

  • Australia PM Albanese set to water down proposed tax cuts for wealthy

  • Trump cruises to victory in New Hampshire primary, Haley vows to fight on

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!