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Mar 16 - 08:55 AM

AUD/USD - Fed Risk Helps Keep Techs Magnetic

By Christopher Romano  —  Mar 16 - 07:22 AM
  • AUD/USD treads on familiar turf on mixed signals & looming Fed risk

  • Equities ESv1 near flat, copper HGv1 lower, iron-ore DCIOc2 is up

  • US 10-yr yield lower, eurdollar EDH3 price is up; both help sink US$

  • AUD/USD dips below 10 & 55-DMAs again but bounces sharply into NY open

  • Pair still down on the day though but a daily bull hammer forms

  • Investors lack conviction ahead of Fed meeting results due Wednesday

  • For more click on FXBUZ


aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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